PARKLANDS, MERE ROAD, WADDINGTON, LINCOLN, LN5 9NX - £155,000

PARKLANDS is a very large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £155,000 in June 2005, which was around 14% below the average June 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

PARKLANDS Sold Prices

Land registry data shows two sales for PARKLANDS 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 PARKLANDS 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
2005 2 JUN	£155,000	£180,417	14% below HPI
1997 2 JUL	£55,000	£67,277	18% below HPI

PARKLANDS 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 PARKLANDS sales from July 1997 and June 2005 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 July 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2005 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is PARKLANDS?

PARKLANDS is 134m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where PARKLANDS lies on this distribution: 81% of detached houses are smaller than PARKLANDS, and 17% of houses are larger. Note that EPC data is not available for all properties in Waddington.

PARKLANDS: Plot and Title Map

PARKLANDS sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

PARKLANDS is located on MERE ROAD in WADDINGTON, in the LN5 postcode district. The below map shows the position of PARKLANDS on MERE ROAD.