Mayfield Garth Somerton Gate Lane

    MAYFIELD GARTH, SOMERTON GATE LANE, WADDINGTON, LINCOLN, LN5 9RN

    This detached freehold property on Somerton Gate Lane last sold in January 2022 for £408,000. Based on price growth in the LN5 district since then, its estimated current value is £397,800 — placing it in the 67th percentile nationally and the 88th percentile within LN5. The property covers 248 m² (2,669 sq ft), giving an estimated value of £1,604 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,669 sq ft

    248 m²

    Last Sale Price

    £408,000

    Jan 2022

    Estimated Valuation

    £397,800

    Est. £/sq ft

    £149/sq ft

    £1,604/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area2,669 sq ft (248 m²)
    EPC dateSept 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and underfloor heating, oil

    Transaction History

    31 Jan 2022

    £408,000

    Key Metrics

    Estimated valuation£397,800
    Value per sq ft / m²£149/sq ft (£1,604/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile88th percentile
    National percentile67th percentile

    District Context — LN5

    LN5 covers parts of central and south Lincolnshire, including areas around Lincoln and the surrounding districts. It is a mixed market with strong student and young professional presence alongside traditional residential communities.

    Average Property Price - LN5

    £239,947

    25

    National percentile

    Average Net Household Income - LN5

    £35,074

    32

    National percentile

    10-Year Annualised Price Growth - LN5

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN5

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