MALVERN HOUSE, FAR LANE, WADDINGTON, LINCOLN, LN5 9QG - £440,000

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

MALVERN HOUSE is a very large extended detached house of 218m², built sometime before 1900. It was last sold for £440,000 in January 2019, which was around 72% above the average January 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

MALVERN HOUSE Sold Prices

Land registry data shows two sales for MALVERN 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 MALVERN HOUSE 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
2019 4 JAN	£440,000	£256,384	72% above HPI
2014 16 DEC	£366,000	£201,662	81% above HPI

MALVERN 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 MALVERN HOUSE sales from December 2014 and January 2019 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 December 2014 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the January 2019 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is MALVERN HOUSE?

MALVERN HOUSE is 218m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 MALVERN HOUSE lies on this distribution: 98% of detached houses are smaller than MALVERN HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Waddington.

MALVERN HOUSE: Plot and Title Map

MALVERN HOUSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of MALVERN 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 MALVERN 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 MALVERN HOUSE?

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