HEIGHWOOD, TIMMS LANE, WADDINGTON, LINCOLN, LN5 9RQ - £445,000

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

HEIGHWOOD is a very large extended detached house of 187m², built sometime before 1900. It was last sold for £445,000 in April 2023, which was around 45% above the average April 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

HEIGHWOOD Sold Prices

Land registry data shows two sales for HEIGHWOOD 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 HEIGHWOOD 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
2023 5 APR	£445,000	£306,830	45% above HPI
1997 2 APR	£144,500	£64,078	126% above HPI

HEIGHWOOD 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 HEIGHWOOD sales from April 1997 and April 2023 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 1997 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the April 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is HEIGHWOOD?

HEIGHWOOD is 187m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 HEIGHWOOD lies on this distribution: 96% of detached houses are smaller than HEIGHWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Waddington.

HEIGHWOOD: Plot and Title Map

HEIGHWOOD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of HEIGHWOOD, 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 HEIGHWOOD). 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 HEIGHWOOD?

HEIGHWOOD is located on TIMMS LANE in WADDINGTON, in the LN5 postcode district. The below map shows the position of HEIGHWOOD on TIMMS LANE.