WARD COTTAGE, BLIND LANE, WADDINGTON, LINCOLN, LN5 9RW - £175,000

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

WARD COTTAGE is a large extended detached house of 109m², built sometime before 1900. It was last sold for £175,000 in March 2017, which was around 24% below the average March 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2016, where the current energy rating was G, and the potential energy rating was D.

WARD COTTAGE Sold Prices

Land registry data shows four sales for WARD 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. two of the four WARD COTTAGE sales were for below the average price, and four 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
2017 6 MAR	£175,000	£231,492	24% below HPI
2005 25 FEB	£165,000	£172,591	4% below HPI
2004 18 JUN	£185,000	£166,494	11% above HPI
2003 22 AUG	£159,000	£148,282	7% above HPI

WARD 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 WARD COTTAGE sales between August 2003 and March 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 February 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is WARD COTTAGE?

WARD COTTAGE is 109m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 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 WARD COTTAGE lies on this distribution: 61% of detached houses are smaller than WARD COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Waddington.

WARD COTTAGE: Plot and Title Map

WARD COTTAGE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of WARD 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 WARD 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 WARD COTTAGE?

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