3, WOODLANDS CLOSE, POTTERHANWORTH, LINCOLN, LN4 2ED - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 WOODLANDS CLOSE is a midsized detached house of 139m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2018, which was around 37% above the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

3 WOODLANDS CLOSE Sold Prices

Land registry data shows three sales for 3 WOODLANDS 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 North Kesteven local authority area for the corresponding sale date. All of the three 3 WOODLANDS CLOSE sales were for above 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
2018 16 OCT	£350,000	£255,395	37% above HPI
2006 7 AUG	£249,000	£185,763	34% above HPI
2001 19 OCT	£139,000	£91,808	51% above HPI

3 WOODLANDS 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 three 3 WOODLANDS CLOSE sales between October 2001 and October 2018 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 August 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 WOODLANDS CLOSE?

3 WOODLANDS CLOSE is 139m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where 3 WOODLANDS CLOSE lies on this distribution: 43% of detached houses are smaller than 3 WOODLANDS CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

3 WOODLANDS CLOSE: Plot and Title Map

3 WOODLANDS CLOSE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 3 WOODLANDS 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 3 WOODLANDS 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 3 WOODLANDS CLOSE?

3 WOODLANDS CLOSE is located in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of No. 3 on WOODLANDS CLOSE.