7, STONE LANE, WADDINGTON, LINCOLN, LN5 9LR - £182,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 STONE LANE is a small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £248,777. It was last sold for £182,500 in April 2016, which was around 16% below the average April 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

7 STONE LANE Sold Prices

Land registry data shows two sales for 7 STONE LANE 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 7 STONE LANE 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
2016 29 APR	£182,500	£216,147	16% below HPI
2012 21 MAY	£151,000	£179,576	16% below HPI

7 STONE LANE 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 7 STONE LANE sales from May 2012 and April 2016 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 May 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2016 sale, which was also at 16% below the HPI.

What might 7 STONE LANE be worth now?

7 STONE LANE might now be worth an estimated £248,777.

This is based on house price inflation of 36.3%, between April 2016 and December 2024, 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 36.3% inflationary increase is applied to the most recent sale price for 7 STONE LANE of £182,500 on 29th April 2016. For the value to have increased from £182,500 to £248,777 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 7 STONE LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 7 STONE LANE has not materially changed since April 2016.

How Large is 7 STONE LANE?

7 STONE LANE is 78m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 7 STONE LANE lies on this distribution: 21% of detached houses houses are smaller than 7 STONE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Waddington.

7 STONE LANE: Plot and Title Map

7 STONE LANE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 7 STONE LANE, 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 STONE LANE). 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 STONE LANE?

7 STONE LANE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 7 on STONE LANE.