3, STONE LANE, WADDINGTON, LINCOLN, LN5 9LR - £153,500

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

3 STONE LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £153,500 in June 2015, which was around 24% below the average June 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 STONE LANE Sold Prices

Land registry data shows two sales for 3 STONE LANE 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 STONE LANE 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
2015 26 JUN	£153,500	£202,138	24% below HPI
2004 7 JUL	£130,000	£168,745	23% below HPI

3 STONE LANE 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 STONE LANE sales from July 2004 and June 2015 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 July 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 STONE LANE?

3 STONE LANE is 68m² according to the EPC inspection conducted in February 2009. 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 3 STONE LANE lies on this distribution: 8% of detached houses are smaller than 3 STONE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Waddington.

3 STONE LANE: Plot and Title Map

3 STONE LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 3 STONE LANE, 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 STONE LANE). 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 STONE LANE?

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