They actually say in the paper that the model uses the
Townsend deprivation index, linked to postcodes (they refer back to the paper describing the methods behind the cardiovascular risk index (QRISK2) where they say "This score has already been integrated into the EMIS clinical system and linked to the records of over 32 million patients."
It does make a difference which is magnified as other risk factors increase. Some of those factors have a much bigger influence.
If it's an accurate risk calculator then it does show is that the risks are for many people, much lower than is sometimes suggested.
To try to get someone with a high risk I put in a 65 year old woman, with T1 (unfortunately always seems higher risk) for over 10 years, she smoked heavily, she had a systolic blood pressure of 190 and a cholesterol/HDL ratio of 4 and an HbA1c of 100.
With no existing complications she had a risk of 11.9% for amputation and 13.1% for blindness in the next 10 years; so still a much higher likelihood of them not happening.
Perhaps though this would be a bit of an exception, maybe the woman would already have some complications . This is indeed where the risk increases.
If she had peripheral vascular disease already then the risk went up to 41.6% for amputation; very much worse odds.
If she already had retinopathy, the risk for blindness increased to 31.2% ( Unfortunately, you don't know if you are going to be the 1/3 such people who go blind or the 2/3 that don't; )
Move that lady up the road to an area with a lower deprivation score; the same lady with existing peripheral vascular disease has a risk of amputation at 37.4%.( so slightly reduced )
With existing retinopathy that lady now has a risk for blindness of 24.5% (reduced by a bit more)
(I used this site plus a postcode side to choose my places; I won't say where they were but they were near to each other, one with a very high deprivation ranking and one in the bottom ie least deprived 10%.
http://apps.opendatacommunities.org/showcase/deprivation )