5, STONE LANE, WADDINGTON, LINCOLN, LN5 9LR - £160,000

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

5 STONE LANE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £160,000 in August 2010, which was around 13% below the average August 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

5 STONE LANE Sold Prices

Land registry data shows two sales for 5 STONE LANE 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 5 STONE LANE 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
2010 24 AUG	£160,000	£183,842	13% below HPI
2006 14 AUG	£155,000	£185,763	17% below HPI

5 STONE LANE 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 5 STONE LANE sales from August 2006 and August 2010 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 August 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2010 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 STONE LANE?

5 STONE LANE is 74m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 5 STONE LANE lies on this distribution: 15% of detached houses are smaller than 5 STONE LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Waddington.

5 STONE LANE: Plot and Title Map

5 STONE LANE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 5 STONE LANE, 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 5 STONE LANE). 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 5 STONE LANE?

5 STONE LANE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 5 on STONE LANE.