54, REDWOOD DRIVE, WADDINGTON, LINCOLN, LN5 9BL - £190,000

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

54 REDWOOD DRIVE is a very large extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £190,000 in January 2009, which was around 11% above the average January 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

54 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 54 REDWOOD DRIVE 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 54 REDWOOD DRIVE sales were for above 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
2009 30 JAN	£190,000	£171,287	11% above HPI
2003 17 APR	£140,000	£136,690	2% above HPI

54 REDWOOD DRIVE 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 54 REDWOOD DRIVE sales from April 2003 and January 2009 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 April 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2009 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 54 REDWOOD DRIVE?

54 REDWOOD DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 54 REDWOOD DRIVE lies on this distribution: 87% of detached houses are smaller than 54 REDWOOD DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Waddington.

54 REDWOOD DRIVE: Plot and Title Map

54 REDWOOD DRIVE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 54 REDWOOD DRIVE, 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 54 REDWOOD DRIVE). 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 54 REDWOOD DRIVE?

54 REDWOOD DRIVE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 54 on REDWOOD DRIVE.