9, RECTORY CLOSE, POTTERHANWORTH, LINCOLN, LN4 2EQ - £226,000

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.

9 RECTORY CLOSE is a very small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £301,024. It was last sold for £226,000 in March 2018, which was around 4% below the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

9 RECTORY CLOSE Sold Prices

Land registry data shows three sales for 9 RECTORY 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 9 RECTORY 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
2018 23 MAR	£226,000	£235,203	4% below HPI
2015 14 AUG	£179,000	£205,751	13% below HPI
2001 16 JUL	£81,500	£84,733	4% below HPI

9 RECTORY 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 9 RECTORY CLOSE sales between July 2001 and March 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 9 RECTORY CLOSE be worth now?

9 RECTORY CLOSE might now be worth an estimated £301,024.

This is based on house price inflation of 33.2%, between March 2018 and April 2026, 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 33.2% inflationary increase is applied to the most recent sale price for 9 RECTORY CLOSE of £226,000 on 23rd March 2018. For the value to have increased from £226,000 to £301,024 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 9 RECTORY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2018 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RECTORY CLOSE has not materially changed since March 2018.

How Large is 9 RECTORY CLOSE?

9 RECTORY CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 9 RECTORY CLOSE lies on this distribution: 5% of detached houses houses are smaller than 9 RECTORY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

9 RECTORY CLOSE: Plot and Title Map

9 RECTORY CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 9 RECTORY 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 9 RECTORY 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 9 RECTORY CLOSE?

9 RECTORY CLOSE is located in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of No. 9 on RECTORY CLOSE.