7, LEICESTER CLOSE, WASHINGBOROUGH, LINCOLN, LN4 1DS - £148,500

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.

7 LEICESTER CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £248,849. It was last sold for £148,500 in February 2014, which was around 19% below the average February 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

7 LEICESTER CLOSE Sold Prices

Land registry data shows five sales for 7 LEICESTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 7 LEICESTER 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
2014 20 FEB	£148,500	£183,700	19% below HPI
2004 23 NOV	£132,000	£168,227	22% below HPI
2002 4 OCT	£107,000	£118,078	9% below HPI
1997 14 AUG	£48,000	£65,686	27% below HPI
1996 2 FEB	£43,000	£56,894	24% below HPI

7 LEICESTER 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 five 7 LEICESTER CLOSE sales between February 1996 and February 2014 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 November 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 LEICESTER CLOSE be worth now?

7 LEICESTER CLOSE might now be worth an estimated £248,849.

This is based on house price inflation of 67.6%, between February 2014 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 67.6% inflationary increase is applied to the most recent sale price for 7 LEICESTER CLOSE of £148,500 on 20th February 2014. For the value to have increased from £148,500 to £248,849 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 7 LEICESTER CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2014 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 7 LEICESTER CLOSE has not materially changed since February 2014.

How Large is 7 LEICESTER CLOSE?

7 LEICESTER CLOSE is 75m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 7 LEICESTER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 7 LEICESTER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

7 LEICESTER CLOSE: Plot and Title Map

7 LEICESTER CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 LEICESTER 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 LEICESTER 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 LEICESTER CLOSE?

7 LEICESTER CLOSE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 7 on LEICESTER CLOSE.