CHALET HOUSE, CHURCH LANE, WADDINGTON, LINCOLN, LN5 9RP - £236,000

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

CHALET HOUSE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £236,000 in April 2022, which was around 22% below the average April 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

CHALET HOUSE Sold Prices

Land registry data shows two sales for CHALET HOUSE 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 CHALET HOUSE 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 20 APR	£236,000	£302,121	22% below HPI
1996 30 SEP	£62,500	£62,929	1% below HPI

CHALET HOUSE 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 CHALET HOUSE sales from September 1996 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 September 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is CHALET HOUSE?

CHALET HOUSE is 90m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where CHALET HOUSE lies on this distribution: 38% of detached houses are smaller than CHALET HOUSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Waddington.

CHALET HOUSE: Plot and Title Map

CHALET HOUSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of CHALET HOUSE, 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 CHALET HOUSE). 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 CHALET HOUSE?

CHALET HOUSE is located on CHURCH LANE in WADDINGTON, in the LN5 postcode district. The below map shows the position of CHALET HOUSE on CHURCH LANE.