RED HOUSE, MAIN ROAD, POTTERHANWORTH, LINCOLN, LN4 2DT - £390,000

RED HOUSE is a very large extended detached house of 214m², built sometime between 1900 and 1929. It was last sold for £390,000 in June 2017, which was around 64% above the average June 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was C.

RED HOUSE Sold Prices

Land registry data shows two sales for RED HOUSE 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 RED HOUSE 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
2017 27 JUN	£390,000	£238,419	64% above HPI
2010 22 FEB	£285,000	£184,673	54% above HPI

RED HOUSE 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 RED HOUSE sales from February 2010 and June 2017 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 February 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2017 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is RED HOUSE?

RED HOUSE is 214m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where RED HOUSE lies on this distribution: 89% of detached houses are smaller than RED HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

RED HOUSE: Plot and Title Map

RED HOUSE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

RED HOUSE is located on MAIN ROAD in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of RED HOUSE on MAIN ROAD.