58, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QR - £178,300

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 SOMERVILLE CLOSE is a midsized extended detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £276,843. It was last sold for £178,300 in April 2015, which was around 9% below the average April 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

58 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 58 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 58 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
2015 27 APR	£178,300	£194,985	9% below HPI
2003 21 FEB	£154,000	£130,146	18% above HPI

58 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 58 SOMERVILLE CLOSE sales from February 2003 and April 2015 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 February 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 58 SOMERVILLE CLOSE be worth now?

58 SOMERVILLE CLOSE might now be worth an estimated £276,843.

This is based on house price inflation of 55.3%, between April 2015 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for 58 SOMERVILLE CLOSE of £178,300 on 27th April 2015. For the value to have increased from £178,300 to £276,843 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 58 SOMERVILLE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2015 sale price of £178,300 represented a fair market value for the property.
• The size, condition, and specification of 58 SOMERVILLE CLOSE has not materially changed since April 2015.

How Large is 58 SOMERVILLE CLOSE?

58 SOMERVILLE CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddington, and where 58 SOMERVILLE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 58 SOMERVILLE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Waddington.

58 SOMERVILLE CLOSE: Plot and Title Map

58 SOMERVILLE CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 58 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 58 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 58 SOMERVILLE CLOSE?

58 SOMERVILLE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 58 on SOMERVILLE CLOSE.