3, BUTTERMERE CLOSE, WADDINGTON, LINCOLN, LN5 9NZ - £422,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BUTTERMERE CLOSE is a very large detached house of 149m², which could now be worth an estimated £473,143. It was last sold for £422,000 in February 2021, which was around 56% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

3 BUTTERMERE CLOSE Sold Prices

Land registry data shows two sales for 3 BUTTERMERE 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 3 BUTTERMERE CLOSE sales were for above 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
2021 22 FEB	£422,000	£270,024	56% above HPI
2017 9 NOV	£380,995	£236,638	61% above HPI

3 BUTTERMERE 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 3 BUTTERMERE CLOSE sales from November 2017 and February 2021 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 November 2017 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the February 2021 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 3 BUTTERMERE CLOSE be worth now?

3 BUTTERMERE CLOSE might now be worth an estimated £473,143.

This is based on house price inflation of 12.1%, between February 2021 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 3 BUTTERMERE CLOSE of £422,000 on 22nd February 2021. For the value to have increased from £422,000 to £473,143 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 BUTTERMERE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2021 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BUTTERMERE CLOSE has not materially changed since February 2021.

How Large is 3 BUTTERMERE CLOSE?

3 BUTTERMERE CLOSE is 149m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddington, and where 3 BUTTERMERE CLOSE lies on this distribution: 89% of detached houses houses are smaller than 3 BUTTERMERE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Waddington.

3 BUTTERMERE CLOSE: Plot and Title Map

3 BUTTERMERE CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 3 BUTTERMERE 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 3 BUTTERMERE 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 3 BUTTERMERE CLOSE?

3 BUTTERMERE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 3 on BUTTERMERE CLOSE.