3, GRASMERE DRIVE, WADDINGTON, LINCOLN, LN5 9PR - £455,000

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

3 GRASMERE DRIVE is a very large detached house of 149m². It was last sold for £455,000 in May 2023, which was around 49% above the average May 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was B.

3 GRASMERE DRIVE Sold Prices

Land registry data shows two sales for 3 GRASMERE DRIVE 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 GRASMERE DRIVE 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
2023 12 MAY	£455,000	£306,284	49% above HPI
2017 23 AUG	£380,995	£235,233	62% above HPI

3 GRASMERE DRIVE 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 GRASMERE DRIVE sales from August 2017 and May 2023 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 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the May 2023 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 3 GRASMERE DRIVE?

3 GRASMERE DRIVE is 149m² according to the EPC inspection conducted in July 2017. This puts it in the largest 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 3 GRASMERE DRIVE lies on this distribution: 89% of detached houses are smaller than 3 GRASMERE DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Waddington.

3 GRASMERE DRIVE: Plot and Title Map

3 GRASMERE DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 GRASMERE DRIVE, 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 GRASMERE DRIVE). 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 GRASMERE DRIVE?

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