7, WATERLOO LANE, SKELLINGTHORPE, LINCOLN, LN6 5SJ - £247,500

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.

7 WATERLOO LANE is a midsized extended detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £371,398. It was last sold for £247,500 in October 2014, which was around 23% above the average October 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

7 WATERLOO LANE Sold Prices

Land registry data shows two sales for 7 WATERLOO 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. One of the two 7 WATERLOO LANE sales was for above the average price, whilst the other was 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
2014 17 OCT	£247,500	£201,752	23% above HPI
2008 4 DEC	£147,000	£172,006	15% below HPI

7 WATERLOO 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 WATERLOO LANE sales from December 2008 and October 2014 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 December 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 7 WATERLOO LANE be worth now?

7 WATERLOO LANE might now be worth an estimated £371,398.

This is based on house price inflation of 50.1%, between October 2014 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 50.1% inflationary increase is applied to the most recent sale price for 7 WATERLOO LANE of £247,500 on 17th October 2014. For the value to have increased from £247,500 to £371,398 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 WATERLOO LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WATERLOO LANE has not materially changed since October 2014.

How Large is 7 WATERLOO LANE?

7 WATERLOO LANE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 7 WATERLOO LANE lies on this distribution: 55% of detached houses houses are smaller than 7 WATERLOO LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

7 WATERLOO LANE: Plot and Title Map

7 WATERLOO LANE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 7 WATERLOO 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 WATERLOO 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 WATERLOO LANE?

7 WATERLOO LANE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 7 on WATERLOO LANE.