48, SOMERVILLE CLOSE, WADDINGTON, LINCOLN, LN5 9QR - £200,000

48 SOMERVILLE CLOSE is a small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £200,000 in November 2021, which was around 30% below the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

48 SOMERVILLE CLOSE Sold Prices

Land registry data shows two sales for 48 SOMERVILLE CLOSE 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. Both of the two 48 SOMERVILLE CLOSE 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 10 NOV	£200,000	£286,536	30% below HPI
2014 24 OCT	£148,000	£204,340	28% below HPI

48 SOMERVILLE CLOSE 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 48 SOMERVILLE CLOSE sales from October 2014 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 October 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 48 SOMERVILLE CLOSE?

48 SOMERVILLE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 48 SOMERVILLE CLOSE lies on this distribution: 26% of detached houses are smaller than 48 SOMERVILLE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Waddington.

48 SOMERVILLE CLOSE: Plot and Title Map

48 SOMERVILLE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 48 SOMERVILLE CLOSE, 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 48 SOMERVILLE CLOSE). 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 48 SOMERVILLE CLOSE?

48 SOMERVILLE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 48 on SOMERVILLE CLOSE.