73, REDWOOD DRIVE, WADDINGTON, LINCOLN, LN5 9BN - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

73 REDWOOD DRIVE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £220,000 in April 2022, which was around 27% below the average April 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

73 REDWOOD DRIVE Sold Prices

Land registry data shows four sales for 73 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 73 REDWOOD DRIVE 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
2022 21 APR	£220,000	£302,121	27% below HPI
2005 22 APR	£126,000	£176,574	29% below HPI
2004 7 JUN	£107,500	£166,494	35% below HPI
2003 6 JUN	£106,000	£145,240	27% below HPI

73 REDWOOD 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 four 73 REDWOOD DRIVE sales between June 2003 and April 2022 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 April 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 73 REDWOOD DRIVE?

73 REDWOOD DRIVE is 63m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 73 REDWOOD DRIVE lies on this distribution: 4% of detached houses are smaller than 73 REDWOOD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Waddington.

73 REDWOOD DRIVE: Plot and Title Map

73 REDWOOD DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 73 REDWOOD 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 73 REDWOOD 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 73 REDWOOD DRIVE?

73 REDWOOD DRIVE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 73 on REDWOOD DRIVE.