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Waddington House Prices Waddington House Prices

The average house price in Waddington is £0 using HM Land Registry data.

The average property price increased by £50,724 (23.83%) over the last 5 years and increased by £10,138 (4%) over the last 12 months.

Over the last year, there were 64 residential property sales – a decrease of 106 transactions (-165.63%) relative to the previous year. The majority of house sales (20) were in the £206,000 - £244,000 range. Then came properties in the £168,000 - £206,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,131 (-3%).

In April 2024, there were 16 new estate agency instructions, 5 agreed home sales and 21 property price reductions.

Neighbouring Areas: Lincoln

Postcodes Covered: LN5

5-Year Average Property Prices in Waddington

23.83%

Property prices in Waddington increased by 23.83% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Waddington Over the Last Year

4%

Property prices in Waddington increased by 4% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Waddington - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Waddington

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Waddington

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Waddington

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Waddington since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Waddington area since 1995.

Recent Property Sales in Waddington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Aston Close, Waddington, Lincoln, Lincolnshire, LN5 9LX£305,000£280,000-£25,00031 May 202317 Nov 2023170 Days
13 Pottergate Close, Waddington, Lincoln, Lincolnshire, LN5 9LY£200,000£199,500-£50026 Oct 202201 Nov 2023371 Days
28 Mill Mere Road, Waddington, Lincoln, Lincolnshire, LN5 9QH£120,000£108,250-£11,75022 May 202330 Oct 2023161 Days
21 Darwin Close, Waddington, Lincoln, Lincolnshire, LN5 9GB£300,000£296,000-£4,00002 May 202325 Oct 2023176 Days
10 Viking Close, Waddington, Lincoln, Lincolnshire, LN5 9RA£480,000£465,000-£15,00013 Jun 202320 Oct 2023129 Days
54 Pine Close, Waddington, Lincoln, Lincolnshire, LN5 9UT£220,000£215,000-£5,00013 Jul 202329 Sep 202378 Days
104 Hollywell Road, Lincoln, Lincolnshire, LN5 9BY£170,000£160,000-£10,00028 Nov 202229 Sep 2023305 Days
16 Ashby Close, Waddington, Lincoln, Lincolnshire, LN5 9DH£180,000£175,000-£5,00026 Dec 202225 Sep 2023273 Days
360 Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AJ£220,000£210,000-£10,00015 Jun 202308 Sep 202385 Days
14 Darwin Close, Waddington, Lincoln, Lincolnshire, LN5 9GB£300,000£292,000-£8,00006 Apr 202328 Jul 2023113 Days
9 Thorsby Close, Waddington, Lincoln, Lincolnshire, LN5 9DF£215,000£215,000£0018 Jan 202311 Jul 2023174 Days
51 Grantham Road, Waddington, Lincoln, Lincolnshire, LN5 9LS£149,950£133,500-£16,45017 Mar 202307 Jul 2023112 Days
21 Adelaide Close, Waddington, Lincoln, Lincolnshire, LN5 9XN£275,000£275,000£0015 Mar 202323 Jun 2023100 Days
21 Lime Crescent, Waddington, Lincoln, Lincolnshire, LN5 9BQ£185,000£185,000£0031 Mar 202309 Jun 202370 Days
79 Hollywell Road, Lincoln, Lincolnshire, LN5 9BZ£189,950£175,000-£14,95014 Sep 202206 Apr 2023204 Days
390 Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AN£165,000£158,000-£7,00005 Jan 202316 Mar 202370 Days
19 Pottergate Close, Waddington, Lincoln, Lincolnshire, LN5 9LY£220,000£215,000-£5,00011 Oct 202202 Feb 2023114 Days
11 Cedar Close, Lincoln, Lincolnshire, LN5 9BG£285,000£275,000-£10,00014 Oct 202227 Jan 2023105 Days
21 Grantham Road, Waddington, Lincoln, Lincolnshire, LN5 9LS£250,000£240,000-£10,00021 Dec 202227 Jan 202337 Days
208 Grantham Road, Waddington, Lincoln, Lincolnshire, LN5 9RZ£225,000£220,000-£5,00005 Sep 202227 Jan 2023144 Days

Most Expensive Streets in Waddington

PostcodeStreetAreaAverageNo. of Sales
LN5 9PXThe SydingsWaddington£449,0003
LN5 9QNStation RoadWaddington£362,5004
LN5 9PRGrasmere DriveWaddington£353,3333
LN5 9PULoweswater CloseWaddington£352,2504
LN5 9TEAllen RoadWaddington£317,22211
LN5 9UNPope CloseWaddington£295,46311
LN5 9NUGrantham RoadWaddington£289,6666
LN5 9FXGrafham DriveWaddington£289,6254
LN5 9ZGHopkins AvenueWaddington£283,66718
LN5 9RSRectory LaneWaddington£280,5004

Least Expensive Streets in Waddington

PostcodeStreetAreaAverageNo. of Sales
LN5 9WDSquires RoadWaddington£89,6663
LN5 9WEPears CloseWaddington£111,5004
LN5 9GUMayall WalkWaddington£123,4005
LN5 9PYMayall CourtWaddington£127,25010
LN5 9FQCoach MewsWaddington£131,1663
LN5 9SGBlacks CloseWaddington£150,0836
LN5 9BTAlmond CrescentWaddington£157,5005
LN5 9PGMulberry CloseWaddington£163,5004
LN5 9NLMarina CloseWaddington£165,0003
LN5 9DDSherwood DriveWaddington£170,7506

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