THE COTTAGE, STAPLES LANE, WADDINGTON, LINCOLN, LN5 9QE - £295,000

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

THE COTTAGE is a very large extended semi-detached house of 196m², built sometime before 1900. It was last sold for £295,000 in November 2018, which was around 15% above the average November 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 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
2018 29 NOV	£295,000	£256,562	15% above HPI
2017 24 FEB	£265,000	£228,565	16% above HPI
2014 15 OCT	£159,950	£204,340	22% below HPI
1996 23 MAY	£85,000	£62,083	37% 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 four THE COTTAGE sales between May 1996 and November 2018 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 February 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 196m², which includes two extensions, according to the EPC inspection conducted in September 2018. 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 THE COTTAGE lies on this distribution: 97% of detached houses are smaller than THE COTTAGE, and 3% 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 0.041 of an acre, or 166m². 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 STAPLES LANE in WADDINGTON, in the LN5 postcode district. The below map shows the position of THE COTTAGE on STAPLES LANE.