7, GORSE CLOSE, WOODHALL SPA, LN10 6YA - £68,000

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.

7 GORSE CLOSE is a small extended detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £288,389. It was last sold for £68,000 in June 1999, which was around 1% above the average June 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was A.

7 GORSE CLOSE Sold Prices

Land registry data shows three sales for 7 GORSE 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. All of the three 7 GORSE 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
1999 18 JUN	£68,000	£67,496	1% above HPI
1997 25 JUN	£68,000	£60,976	12% above HPI
1996 12 JUL	£63,500	£57,706	10% above HPI

7 GORSE 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 7 GORSE CLOSE sales between July 1996 and June 1999 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 June 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 1999 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 GORSE CLOSE be worth now?

7 GORSE CLOSE might now be worth an estimated £288,389.

This is based on house price inflation of 324.1%, between June 1999 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 324.1% inflationary increase is applied to the most recent sale price for 7 GORSE CLOSE of £68,000 on 18th June 1999. For the value to have increased from £68,000 to £288,389 over the 26 years and four months to February 2025, the following assumptions must hold true:

• The value of 7 GORSE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 1999 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GORSE CLOSE has not materially changed since June 1999.

How Large is 7 GORSE CLOSE?

7 GORSE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% 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 7 GORSE CLOSE lies on this distribution: 21% of detached houses houses are smaller than 7 GORSE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

7 GORSE CLOSE: Plot and Title Map

7 GORSE CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 7 GORSE 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 7 GORSE 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 7 GORSE CLOSE?

7 GORSE CLOSE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 7 on GORSE CLOSE.