51, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QP - £218,000

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

51 SOMERVILLE CLOSE is a midsized extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £218,000 in October 2022, which was around 32% below the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

51 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 51 SOMERVILLE 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 51 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 26 OCT	£218,000	£322,721	32% below HPI
2019 30 AUG	£173,000	£251,679	31% below HPI

51 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 two 51 SOMERVILLE CLOSE sales from August 2019 and October 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 August 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 51 SOMERVILLE CLOSE?

51 SOMERVILLE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 51 SOMERVILLE CLOSE lies on this distribution: 41% of detached houses are smaller than 51 SOMERVILLE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Waddington.

51 SOMERVILLE CLOSE: Plot and Title Map

51 SOMERVILLE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 51 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 51 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 51 SOMERVILLE CLOSE?

51 SOMERVILLE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 51 on SOMERVILLE CLOSE.