32, HOBART CLOSE, WADDINGTON, LINCOLN, LN5 9FZ - £222,000

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.

32 HOBART CLOSE is a midsized detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £267,157. It was last sold for £222,000 in February 2019, which was around 12% below the average February 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

32 HOBART CLOSE Sold Prices

Land registry data shows five sales for 32 HOBART CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 32 HOBART 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
2019 8 FEB	£222,000	£251,576	12% below HPI
2012 24 FEB	£163,000	£171,863	5% below HPI
2011 18 FEB	£157,000	£181,773	14% below HPI
2006 6 DEC	£171,000	£186,026	8% below HPI
2000 23 JUN	£84,000	£76,409	10% above HPI

32 HOBART 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 five 32 HOBART CLOSE sales between June 2000 and February 2019 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 February 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 32 HOBART CLOSE be worth now?

32 HOBART CLOSE might now be worth an estimated £267,157.

This is based on house price inflation of 20.3%, between February 2019 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 20.3% inflationary increase is applied to the most recent sale price for 32 HOBART CLOSE of £222,000 on 8th February 2019. For the value to have increased from £222,000 to £267,157 over the six years to February 2025, the following assumptions must hold true:

• The value of 32 HOBART CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2019 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 32 HOBART CLOSE has not materially changed since February 2019.

How Large is 32 HOBART CLOSE?

32 HOBART CLOSE is 97m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 32 HOBART CLOSE lies on this distribution: 49% of detached houses houses are smaller than 32 HOBART CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Waddington.

32 HOBART CLOSE: Plot and Title Map

32 HOBART CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 32 HOBART 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 32 HOBART 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 32 HOBART CLOSE?

32 HOBART CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 32 on HOBART CLOSE.