3, SILVER STREET, WADDINGHAM, GAINSBOROUGH, DN21 4SJ - £239,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SILVER STREET is a very small extended semi-detached house of 82m², built sometime before 1900, which could now be worth an estimated £258,737. It was last sold for £239,950 in February 2022, which was around 39% above the average February 2022 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

3 SILVER STREET Sold Prices

Land registry data shows two sales for 3 SILVER STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 3 SILVER STREET sales was for above the average price, whilst the other was 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
2022 4 FEB	£239,950	£173,128	39% above HPI
2018 14 NOV	£115,000	£140,165	18% below HPI

3 SILVER STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 3 SILVER STREET sales from November 2018 and February 2022 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 3 SILVER STREET be worth now?

3 SILVER STREET might now be worth an estimated £258,737.

This is based on house price inflation of 7.8%, between February 2022 and February 2025, for semi-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 7.8% inflationary increase is applied to the most recent sale price for 3 SILVER STREET of £239,950 on 4th February 2022. For the value to have increased from £239,950 to £258,737 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 SILVER STREET has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The February 2022 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 3 SILVER STREET has not materially changed since February 2022.

How Large is 3 SILVER STREET?

3 SILVER STREET is 82m², which includes three extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of semi-detached houses houses in Waddingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Waddingham, and where 3 SILVER STREET lies on this distribution: 12% of semi-detached houses houses are smaller than 3 SILVER STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

3 SILVER STREET: Plot and Title Map

3 SILVER STREET sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 3 SILVER STREET, 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 3 SILVER STREET). 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 3 SILVER STREET?

3 SILVER STREET is located in WADDINGHAM, in the DN21 postcode district. The below map shows the position of No. 3 on SILVER STREET.