29, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QP - £141,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

29 SOMERVILLE CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £141,000 in August 2013, which was around 24% below the average August 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

29 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 29 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 29 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
2013 12 AUG	£141,000	£185,838	24% below HPI
2011 22 AUG	£130,000	£181,287	28% below HPI

29 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 29 SOMERVILLE CLOSE sales from August 2011 and August 2013 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 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2013 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 29 SOMERVILLE CLOSE?

29 SOMERVILLE CLOSE is 62m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 29 SOMERVILLE CLOSE lies on this distribution: 4% of detached houses are smaller than 29 SOMERVILLE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Waddington.

29 SOMERVILLE CLOSE: Plot and Title Map

29 SOMERVILLE CLOSE sits on a plot of roughly 0.097 of an acre, or 395m². The below map shows the location of 29 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 29 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 29 SOMERVILLE CLOSE?

29 SOMERVILLE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 29 on SOMERVILLE CLOSE.