4, LOTUS CLOSE, WADDINGTON, LINCOLN, LN5 9LU - £165,000

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

4 LOTUS CLOSE is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £165,000 in August 2019, which was around 34% below the average August 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

4 LOTUS CLOSE Sold Prices

Land registry data shows two sales for 4 LOTUS 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 LOTUS 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 2 AUG	£165,000	£251,679	34% below HPI
1996 31 MAY	£52,000	£62,083	16% below HPI

4 LOTUS 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 LOTUS CLOSE sales from May 1996 and August 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 May 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 LOTUS CLOSE?

4 LOTUS CLOSE is 107m² according to the EPC inspection conducted in September 2018. 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 4 LOTUS CLOSE lies on this distribution: 57% of detached houses are smaller than 4 LOTUS CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Waddington.

4 LOTUS CLOSE: Plot and Title Map

4 LOTUS CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 4 LOTUS 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 LOTUS 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 LOTUS CLOSE?

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