7, THE WOLDS, WADDINGHAM, GAINSBOROUGH, DN21 4RE - £187,000

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 THE WOLDS is a large detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £258,189. It was last sold for £187,000 in February 2017, which was around 9% below the average February 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

7 THE WOLDS Sold Prices

Land registry data shows two sales for 7 THE WOLDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 7 THE WOLDS 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
2017 13 FEB	£187,000	£206,360	9% below HPI
2010 5 NOV	£191,000	£196,094	3% below HPI

7 THE WOLDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 7 THE WOLDS sales from November 2010 and February 2017 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 November 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 THE WOLDS be worth now?

7 THE WOLDS might now be worth an estimated £258,189.

This is based on house price inflation of 38.1%, between February 2017 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.1% inflationary increase is applied to the most recent sale price for 7 THE WOLDS of £187,000 on 13th February 2017. For the value to have increased from £187,000 to £258,189 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 7 THE WOLDS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2017 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE WOLDS has not materially changed since February 2017.

How Large is 7 THE WOLDS?

7 THE WOLDS is 149m² according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddingham, and where 7 THE WOLDS lies on this distribution: 70% of detached houses houses are smaller than 7 THE WOLDS, and 30% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

7 THE WOLDS: Plot and Title Map

7 THE WOLDS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 7 THE WOLDS, 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 THE WOLDS). 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 THE WOLDS?

7 THE WOLDS is located in WADDINGHAM, in the DN21 postcode district. The below map shows the position of No. 7 on THE WOLDS.