COBURGE, MERE ROAD, WADDINGTON, LINCOLN, LN5 9NX - £131,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

COBURGE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £131,000 in August 2005, which was around 28% below the average August 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

COBURGE Sold Prices

Land registry data shows two sales for COBURGE 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 COBURGE 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
2005 8 AUG	£131,000	£181,270	28% below HPI
1997 23 MAY	£46,500	£65,115	29% below HPI

COBURGE 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 COBURGE sales from May 1997 and August 2005 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 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2005 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is COBURGE?

COBURGE is 106m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where COBURGE lies on this distribution: 56% of detached houses are smaller than COBURGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Waddington.

COBURGE: Plot and Title Map

COBURGE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of COBURGE, 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 COBURGE). 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 COBURGE?

COBURGE is located on MERE ROAD in WADDINGTON, in the LN5 postcode district. The below map shows the position of COBURGE on MERE ROAD.