NORTHCLIFF COTTAGE, FAR LANE, WADDINGTON, LINCOLN, LN5 9QG - £190,000

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

NORTHCLIFF COTTAGE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £190,000 in September 2021, which was around 33% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

NORTHCLIFF COTTAGE Sold Prices

Land registry data shows five sales for NORTHCLIFF COTTAGE 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 NORTHCLIFF COTTAGE 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
2021 30 SEP	£190,000	£281,947	33% below HPI
2020 27 MAR	£160,000	£254,353	37% below HPI
2006 6 JUN	£140,000	£183,174	24% below HPI
2001 6 APR	£68,500	£80,833	15% below HPI
1996 4 APR	£48,750	£58,955	17% below HPI

NORTHCLIFF COTTAGE 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 NORTHCLIFF COTTAGE sales between April 1996 and September 2021 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 March 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is NORTHCLIFF COTTAGE?

NORTHCLIFF COTTAGE is 66m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 NORTHCLIFF COTTAGE lies on this distribution: 6% of detached houses are smaller than NORTHCLIFF COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Waddington.

NORTHCLIFF COTTAGE: Plot and Title Map

NORTHCLIFF COTTAGE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of NORTHCLIFF COTTAGE, 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 NORTHCLIFF COTTAGE). 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 NORTHCLIFF COTTAGE?

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