10, READING CLOSE, WASHINGBOROUGH, LINCOLN, LN4 1SL - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 READING CLOSE is a large extended detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £306,548. It was last sold for £290,000 in August 2024, which was around 1% above the average August 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

10 READING CLOSE Sold Prices

Land registry data shows four sales for 10 READING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 10 READING 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
2024 9 AUG	£290,000	£286,406	1% above HPI
2019 24 MAY	£245,000	£247,520	1% below HPI
2012 25 MAY	£149,000	£179,576	17% below HPI
2002 1 FEB	£86,950	£95,529	9% below HPI

10 READING 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 four 10 READING CLOSE sales between February 2002 and August 2024 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 May 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 READING CLOSE be worth now?

10 READING CLOSE might now be worth an estimated £306,548.

This is based on house price inflation of 5.7%, between August 2024 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 10 READING CLOSE of £290,000 on 9th August 2024. For the value to have increased from £290,000 to £306,548 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 10 READING CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 10 READING CLOSE has not materially changed since August 2024.

How Large is 10 READING CLOSE?

10 READING CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 10 READING CLOSE lies on this distribution: 72% of detached houses houses are smaller than 10 READING CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

10 READING CLOSE: Plot and Title Map

10 READING CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 10 READING 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 10 READING 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 10 READING CLOSE?

10 READING CLOSE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 10 on READING CLOSE.