MIRANSHAH, MERE ROAD, WADDINGTON, LINCOLN, LN5 9NX - £137,000

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

MIRANSHAH is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £137,000 in February 2017, which was around 40% below the average February 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

MIRANSHAH Sold Prices

Land registry data shows two sales for MIRANSHAH 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 MIRANSHAH 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
2017 28 FEB	£137,000	£228,565	40% below HPI
2009 13 NOV	£119,000	£178,186	33% below HPI

MIRANSHAH 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 MIRANSHAH sales from November 2009 and February 2017 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 November 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is MIRANSHAH?

MIRANSHAH is 89m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where MIRANSHAH lies on this distribution: 37% of detached houses are smaller than MIRANSHAH, and 62% of houses are larger. Note that EPC data is not available for all properties in Waddington.

MIRANSHAH: Plot and Title Map

MIRANSHAH sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of MIRANSHAH, 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 MIRANSHAH). 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 MIRANSHAH?

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