20, HEATHER CLOSE, WOODHALL SPA, LN10 6YD - £265,000

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.

20 HEATHER CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £320,776. It was last sold for £265,000 in December 2020, which was around 12% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

20 HEATHER CLOSE Sold Prices

Land registry data shows three sales for 20 HEATHER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The three 20 HEATHER CLOSE sales were a mix of above the average price, and roughly equal to 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
2020 18 DEC	£265,000	£236,479	12% above HPI
2009 16 JAN	£195,000	£166,188	17% above HPI
2007 23 MAR	£185,000	£185,683	Close to HPI

20 HEATHER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 20 HEATHER CLOSE sales between March 2007 and December 2020 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 January 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 20 HEATHER CLOSE be worth now?

20 HEATHER CLOSE might now be worth an estimated £320,776.

This is based on house price inflation of 21%, between December 2020 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 20 HEATHER CLOSE of £265,000 on 18th December 2020. For the value to have increased from £265,000 to £320,776 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 20 HEATHER CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 20 HEATHER CLOSE has not materially changed since December 2020.

How Large is 20 HEATHER CLOSE?

20 HEATHER CLOSE is 87m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 20 HEATHER CLOSE lies on this distribution: 16% of detached houses houses are smaller than 20 HEATHER CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

20 HEATHER CLOSE: Plot and Title Map

20 HEATHER CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 20 HEATHER 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 20 HEATHER 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 20 HEATHER CLOSE?

20 HEATHER CLOSE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 20 on HEATHER CLOSE.