26, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QR - £149,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

26 SOMERVILLE CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £149,000 in October 2012, which was around 15% below the average October 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

26 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 26 SOMERVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 26 SOMERVILLE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 8 OCT	£149,000	£176,113	15% below HPI
2010 27 AUG	£124,995	£183,842	32% below HPI

26 SOMERVILLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 26 SOMERVILLE CLOSE sales from August 2010 and October 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 26 SOMERVILLE CLOSE?

26 SOMERVILLE CLOSE is 77m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 26 SOMERVILLE CLOSE lies on this distribution: 19% of detached houses are smaller than 26 SOMERVILLE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Waddington.

26 SOMERVILLE CLOSE: Plot and Title Map

26 SOMERVILLE CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 26 SOMERVILLE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 26 SOMERVILLE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 26 SOMERVILLE CLOSE?

26 SOMERVILLE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 26 on SOMERVILLE CLOSE.