WEE HOLME, REDBOURNE ROAD, WADDINGHAM, GAINSBOROUGH, DN21 4TD - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WEE HOLME is a small extended detached house of 104m², built sometime before 1900, which could now be worth an estimated £252,767. It was last sold for £235,000 in November 2021, which was around 11% below the average November 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was G, and the potential energy rating was C.

WEE HOLME Sold Prices

Land registry data shows two sales for WEE HOLME since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two WEE HOLME 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 19 NOV	£235,000	£264,892	11% below HPI
2016 18 MAY	£105,000	£196,829	47% below HPI

WEE HOLME Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two WEE HOLME sales from May 2016 and November 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 May 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might WEE HOLME be worth now?

WEE HOLME might now be worth an estimated £252,767.

This is based on house price inflation of 7.6%, between November 2021 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for WEE HOLME of £235,000 on 19th November 2021. For the value to have increased from £235,000 to £252,767 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of WEE HOLME has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of WEE HOLME has not materially changed since November 2021.

How Large is WEE HOLME?

WEE HOLME is 104m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddingham, and where WEE HOLME lies on this distribution: 38% of detached houses houses are smaller than WEE HOLME, and 61% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

WEE HOLME: Plot and Title Map

WEE HOLME sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of WEE HOLME, 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 WEE HOLME). 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 WEE HOLME?

WEE HOLME is located on REDBOURNE ROAD in WADDINGHAM, in the DN21 postcode district. The below map shows the position of WEE HOLME on REDBOURNE ROAD.