PARKLANDS, MERE ROAD, WADDINGTON, LINCOLN, LN5 9NX - £310,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

PARKLANDS is a very large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £310,000 in September 2024, which was around 1% above the average September 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

PARKLANDS Sold Prices

Land registry data shows three sales for PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three PARKLANDS sales was for above the average price, whilst two 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
2024 19 SEP	£310,000	£305,790	1% above HPI
2005 2 JUN	£155,000	£180,417	14% below HPI
1997 2 JUL	£55,000	£67,277	18% below HPI

PARKLANDS 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 three PARKLANDS sales between July 1997 and September 2024 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 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is PARKLANDS?

PARKLANDS is 134m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where PARKLANDS lies on this distribution: 81% of detached houses are smaller than PARKLANDS, and 17% of houses are larger. Note that EPC data is not available for all properties in Waddington.

PARKLANDS: Plot and Title Map

PARKLANDS sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

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