38, MELBOURNE WAY, WADDINGTON, LINCOLN, LN5 9XJ - £231,500

38 MELBOURNE WAY is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £231,500 in November 2017, which was around 3% below the average November 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

38 MELBOURNE WAY Sold Prices

Land registry data shows three sales for 38 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. One of the three 38 MELBOURNE WAY sales was for below the average price, whilst two 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 2 NOV	£231,500	£239,674	3% below HPI
2004 16 MAR	£173,500	£158,723	9% above HPI
2001 26 OCT	£95,000	£91,808	3% above HPI

38 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 38 MELBOURNE WAY sales between October 2001 and November 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 March 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 38 MELBOURNE WAY?

38 MELBOURNE WAY is 113m² according to the EPC inspection conducted in August 2009. 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 38 MELBOURNE WAY lies on this distribution: 64% of detached houses are smaller than 38 MELBOURNE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Waddington.

38 MELBOURNE WAY: Plot and Title Map

38 MELBOURNE WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 38 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 38 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 38 MELBOURNE WAY?

38 MELBOURNE WAY is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 38 on MELBOURNE WAY.