7, NELSON DRIVE, WASHINGBOROUGH, LINCOLN, LN4 1HN - £620,000

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

7 NELSON DRIVE is a very large extended detached house of 316m², built sometime between 1991 and 1995. It was last sold for £620,000 in October 2023, which was around 108% above the average October 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

7 NELSON DRIVE Sold Prices

Land registry data shows three sales for 7 NELSON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 7 NELSON 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
2023 2 OCT	£620,000	£298,735	108% above HPI
2005 14 MAR	£340,000	£175,290	94% above HPI
1996 26 JAN	£115,000	£59,363	94% above HPI

7 NELSON 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 three 7 NELSON DRIVE sales between January 1996 and October 2023 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 March 2005 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the October 2023 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is 7 NELSON DRIVE?

7 NELSON DRIVE is 316m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 7 NELSON DRIVE lies on this distribution: 99% of detached houses are smaller than 7 NELSON DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

7 NELSON DRIVE: Plot and Title Map

7 NELSON DRIVE sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 7 NELSON 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 7 NELSON 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 7 NELSON DRIVE?

7 NELSON DRIVE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 7 on NELSON DRIVE.