54, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QR - £175,000

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 SOMERVILLE CLOSE is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £175,000 in May 2020, which was around 30% below the average May 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

54 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 54 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. One of the two 54 SOMERVILLE CLOSE sales was for below the average price, whilst the other was 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
2020 22 MAY	£175,000	£248,405	30% below HPI
1998 29 JUN	£69,950	£67,587	3% above HPI

54 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 54 SOMERVILLE CLOSE sales from June 1998 and May 2020 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 54 SOMERVILLE CLOSE?

54 SOMERVILLE CLOSE is 82m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% 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 SOMERVILLE CLOSE lies on this distribution: 26% of detached houses are smaller than 54 SOMERVILLE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Waddington.

54 SOMERVILLE CLOSE: Plot and Title Map

54 SOMERVILLE CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 54 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 54 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 54 SOMERVILLE CLOSE?

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