EAST GARTH, FAR LANE, WADDINGTON, LINCOLN, LN5 9QG - £272,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

EAST GARTH is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £272,500 in August 2015, which was around 31% above the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

EAST GARTH Sold Prices

Land registry data shows five sales for EAST GARTH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five EAST GARTH sales were for above 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
2015 6 AUG	£272,500	£208,390	31% above HPI
2013 21 JAN	£245,000	£180,308	36% above HPI
2006 8 SEP	£225,000	£187,600	20% above HPI
2002 5 JUN	£127,000	£105,024	21% above HPI
1997 17 OCT	£70,000	£65,765	6% above HPI

EAST GARTH 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 five EAST GARTH sales between October 1997 and August 2015 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 January 2013 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2015 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is EAST GARTH?

EAST GARTH is 126m², which includes four extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where EAST GARTH lies on this distribution: 74% of detached houses are smaller than EAST GARTH, and 23% of houses are larger. Note that EPC data is not available for all properties in Waddington.

EAST GARTH: Plot and Title Map

EAST GARTH sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of EAST GARTH, 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 EAST GARTH). 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 EAST GARTH?

EAST GARTH is located on FAR LANE in WADDINGTON, in the LN5 postcode district. The below map shows the position of EAST GARTH on FAR LANE.