38, SHERWOOD DRIVE, WADDINGTON, LINCOLN, LN5 9DD - £205,000

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

38 SHERWOOD DRIVE is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £205,000 in August 2018, which was around 19% below the average August 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

38 SHERWOOD DRIVE Sold Prices

Land registry data shows four sales for 38 SHERWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 38 SHERWOOD DRIVE 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
2018 22 AUG	£205,000	£253,242	19% below HPI
2014 3 OCT	£152,000	£204,340	26% below HPI
2003 1 MAY	£117,000	£141,428	17% below HPI
1998 29 APR	£50,000	£67,096	25% below HPI

38 SHERWOOD 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 four 38 SHERWOOD DRIVE sales between April 1998 and August 2018 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 October 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 SHERWOOD DRIVE?

38 SHERWOOD DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 38 SHERWOOD DRIVE lies on this distribution: 52% of detached houses are smaller than 38 SHERWOOD DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Waddington.

38 SHERWOOD DRIVE: Plot and Title Map

38 SHERWOOD DRIVE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 38 SHERWOOD 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 38 SHERWOOD 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 38 SHERWOOD DRIVE?

38 SHERWOOD DRIVE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 38 on SHERWOOD DRIVE.