MAYFIELD GARTH, SOMERTON GATE LANE, WADDINGTON, LINCOLN, LN5 9RN - £408,000

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

MAYFIELD GARTH is a very large extended detached house of 248m², built sometime between 1950 and 1966. It was last sold for £408,000 in January 2022, which was around 40% above the average January 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

MAYFIELD GARTH Sold Prices

Land registry data shows two sales for MAYFIELD GARTH 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 MAYFIELD 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
2022 31 JAN	£408,000	£292,152	40% above HPI
2020 24 JUN	£400,000	£253,301	58% above HPI

MAYFIELD 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 two MAYFIELD GARTH sales from June 2020 and January 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 June 2020 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is MAYFIELD GARTH?

MAYFIELD GARTH is 248m², which includes two extensions, according to the EPC inspection conducted in September 2024. 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 MAYFIELD GARTH lies on this distribution: 99% of detached houses are smaller than MAYFIELD GARTH, and 1% of houses are larger. Note that EPC data is not available for all properties in Waddington.

MAYFIELD GARTH: Plot and Title Map

MAYFIELD GARTH sits on a plot of roughly 0.308 of an acre, or 1,245m². The below map shows the location of MAYFIELD 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 MAYFIELD 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 MAYFIELD GARTH?

MAYFIELD GARTH is located on SOMERTON GATE LANE in WADDINGTON, in the LN5 postcode district. The below map shows the position of MAYFIELD GARTH on SOMERTON GATE LANE.