12, POTTERGATE CLOSE, WADDINGTON, LINCOLN, LN5 9LY - £173,500

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.

12 POTTERGATE CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £215,207. It was last sold for £173,500 in July 2019, which was around 30% below the average July 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

12 POTTERGATE CLOSE Sold Prices

Land registry data shows two sales for 12 POTTERGATE 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 12 POTTERGATE 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
2019 5 JUL	£173,500	£248,177	30% below HPI
2014 4 APR	£119,950	£189,573	37% below HPI

12 POTTERGATE 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 12 POTTERGATE CLOSE sales from April 2014 and July 2019 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 April 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 12 POTTERGATE CLOSE be worth now?

12 POTTERGATE CLOSE might now be worth an estimated £215,207.

This is based on house price inflation of 24%, between July 2019 and March 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 24% inflationary increase is applied to the most recent sale price for 12 POTTERGATE CLOSE of £173,500 on 5th July 2019. For the value to have increased from £173,500 to £215,207 over the six years and four months to March 2025, the following assumptions must hold true:

• The value of 12 POTTERGATE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2019 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 12 POTTERGATE CLOSE has not materially changed since July 2019.

How Large is 12 POTTERGATE CLOSE?

12 POTTERGATE CLOSE is 63m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddington, and where 12 POTTERGATE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 12 POTTERGATE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Waddington.

12 POTTERGATE CLOSE: Plot and Title Map

12 POTTERGATE CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 12 POTTERGATE 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 12 POTTERGATE 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 12 POTTERGATE CLOSE?

12 POTTERGATE CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 12 on POTTERGATE CLOSE.