40, WAVERLEY AVENUE, LINCOLN, LN6 8TN - £211,000

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

40 WAVERLEY AVENUE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £211,000 in August 2021, which was around 25% below the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

40 WAVERLEY AVENUE Sold Prices

Land registry data shows two sales for 40 WAVERLEY AVENUE 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 40 WAVERLEY AVENUE 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
2021 13 AUG	£211,000	£282,296	25% below HPI
2005 24 OCT	£142,000	£179,302	21% below HPI

40 WAVERLEY AVENUE 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 40 WAVERLEY AVENUE sales from October 2005 and August 2021 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 WAVERLEY AVENUE?

40 WAVERLEY AVENUE is 70m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 40 WAVERLEY AVENUE lies on this distribution: 10% of detached houses are smaller than 40 WAVERLEY AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

40 WAVERLEY AVENUE: Plot and Title Map

40 WAVERLEY AVENUE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 40 WAVERLEY AVENUE, 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 40 WAVERLEY AVENUE). 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 40 WAVERLEY AVENUE?

40 WAVERLEY AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 40 on WAVERLEY AVENUE.