17, MELBOURNE WAY, WADDINGTON, LINCOLN, LN5 9XJ - £164,000

17 MELBOURNE WAY is a small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £164,000 in November 2007, which was around 17% below the average November 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

17 MELBOURNE WAY Sold Prices

Land registry data shows two sales for 17 MELBOURNE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 17 MELBOURNE WAY sales was for below the average price, whilst the other was 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
2007 1 NOV	£164,000	£198,206	17% below HPI
1998 20 NOV	£72,950	£69,217	5% above HPI

17 MELBOURNE WAY 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 two 17 MELBOURNE WAY sales from November 1998 and November 2007 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 November 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2007 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 17 MELBOURNE WAY?

17 MELBOURNE WAY is 85m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 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 17 MELBOURNE WAY lies on this distribution: 32% of detached houses are smaller than 17 MELBOURNE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Waddington.

17 MELBOURNE WAY: Plot and Title Map

17 MELBOURNE WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 17 MELBOURNE WAY, 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 17 MELBOURNE WAY). 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 17 MELBOURNE WAY?

17 MELBOURNE WAY is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 17 on MELBOURNE WAY.