THE COTTAGE, BLIND LANE, WADDINGTON, LINCOLN, LN5 9RW - £215,000

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

THE COTTAGE is a large extended detached house of 130m², built sometime before 1900. It was last sold for £215,000 in October 2014, which was around 5% above the average October 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE 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 THE COTTAGE 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
2014 2 OCT	£215,000	£204,340	5% above HPI
2007 10 AUG	£210,000	£202,284	4% above HPI
2004 5 NOV	£195,000	£170,385	14% above HPI
2002 30 JUL	£138,500	£109,372	27% above HPI
2000 15 DEC	£102,000	£80,524	27% above HPI

THE 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 THE COTTAGE sales between December 2000 and October 2014 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 August 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 130m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where THE COTTAGE lies on this distribution: 79% of detached houses are smaller than THE COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Waddington.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

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