4, BANCROFT CLOSE, WADDINGTON, LINCOLN, LN5 9SQ - £375,000

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

4 BANCROFT CLOSE is a large detached house of 131m², built in 2021. It was last sold for £375,000 in June 2023, which was around 21% above the average June 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

4 BANCROFT CLOSE Sold Prices

Land registry data shows two sales for 4 BANCROFT 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 4 BANCROFT 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
2023 23 JUN	£375,000	£309,817	21% above HPI
2022 26 MAY	£389,950	£303,288	29% above HPI

4 BANCROFT 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 4 BANCROFT CLOSE sales from May 2022 and June 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 May 2022 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 4 BANCROFT CLOSE?

4 BANCROFT CLOSE is 131m² according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 4 BANCROFT CLOSE lies on this distribution: 79% of detached houses are smaller than 4 BANCROFT CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Waddington.

4 BANCROFT CLOSE: Plot and Title Map

4 BANCROFT CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 4 BANCROFT 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 4 BANCROFT 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 4 BANCROFT CLOSE?

4 BANCROFT CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 4 on BANCROFT CLOSE.