44, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QR - £260,000

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

44 SOMERVILLE CLOSE is a large detached house of 114m², built sometime between 1967 and 1975. It was last sold for £260,000 in March 2022, which was around 13% below the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

44 SOMERVILLE CLOSE Sold Prices

Land registry data shows four sales for 44 SOMERVILLE CLOSE 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. Most of the four 44 SOMERVILLE 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
2022 23 MAR	£260,000	£298,804	13% below HPI
2015 26 JUN	£180,000	£202,138	11% below HPI
1996 30 AUG	£53,500	£62,821	15% below HPI
1996 3 JAN	£62,000	£59,363	4% above HPI

44 SOMERVILLE 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 four 44 SOMERVILLE CLOSE sales between January 1996 and March 2022 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 June 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 44 SOMERVILLE CLOSE?

44 SOMERVILLE CLOSE is 114m² according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 44 SOMERVILLE CLOSE lies on this distribution: 65% of detached houses are smaller than 44 SOMERVILLE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Waddington.

44 SOMERVILLE CLOSE: Plot and Title Map

44 SOMERVILLE CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 44 SOMERVILLE 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 44 SOMERVILLE 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 44 SOMERVILLE CLOSE?

44 SOMERVILLE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 44 on SOMERVILLE CLOSE.