29, MELBOURNE WAY, WADDINGTON, LINCOLN, LN5 9XJ - £235,000

29 MELBOURNE WAY is a midsized extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £235,000 in March 2021, which was around 14% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

29 MELBOURNE WAY Sold Prices

Land registry data shows three sales for 29 MELBOURNE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 29 MELBOURNE WAY 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 3 MAR	£235,000	£272,889	14% below HPI
2013 15 MAR	£158,500	£177,131	11% below HPI
2000 15 DEC	£73,500	£80,524	9% below HPI

29 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 three 29 MELBOURNE WAY sales between December 2000 and March 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 March 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 29 MELBOURNE WAY?

29 MELBOURNE WAY is 97m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 29 MELBOURNE WAY lies on this distribution: 47% of detached houses are smaller than 29 MELBOURNE WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Waddington.

29 MELBOURNE WAY: Plot and Title Map

29 MELBOURNE WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 29 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 29 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 29 MELBOURNE WAY?

29 MELBOURNE WAY is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 29 on MELBOURNE WAY.