7, WOODLANDS CLOSE, POTTERHANWORTH, LINCOLN, LN4 2ED - £425,000

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 WOODLANDS CLOSE is a midsized detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £434,959. It was last sold for £425,000 in December 2024, which was around 44% above the average December 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

7 WOODLANDS CLOSE Sold Prices

Land registry data shows two sales for 7 WOODLANDS 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 7 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
2024 12 DEC	£425,000	£295,817	44% above HPI
2005 14 JAN	£230,000	£170,945	35% above HPI

7 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 two 7 WOODLANDS CLOSE sales from January 2005 and December 2024 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 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2024 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 7 WOODLANDS CLOSE be worth now?

7 WOODLANDS CLOSE might now be worth an estimated £434,959.

This is based on house price inflation of 2.3%, between December 2024 and February 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 2.3% inflationary increase is applied to the most recent sale price for 7 WOODLANDS CLOSE of £425,000 on 12th December 2024. For the value to have increased from £425,000 to £434,959 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 7 WOODLANDS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WOODLANDS CLOSE has not materially changed since December 2024.

How Large is 7 WOODLANDS CLOSE?

7 WOODLANDS CLOSE is 145m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 50% of detached houses houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potterhanworth, and where 7 WOODLANDS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 7 WOODLANDS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

7 WOODLANDS CLOSE: Plot and Title Map

7 WOODLANDS CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 7 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 7 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 7 WOODLANDS CLOSE?

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