1, BRAMBLE CLOSE, WELTON, LINCOLN, LN2 3TX - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BRAMBLE CLOSE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £255,000 in August 2022, which was around 12% below the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

1 BRAMBLE CLOSE Sold Prices

Land registry data shows four sales for 1 BRAMBLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 1 BRAMBLE 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
2022 10 AUG	£255,000	£288,934	12% below HPI
2017 28 JUL	£195,000	£217,884	11% below HPI
2006 27 JUN	£146,000	£173,252	16% below HPI
1997 7 MAR	£57,950	£62,590	7% below HPI

1 BRAMBLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 1 BRAMBLE CLOSE sales between March 1997 and August 2022 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 July 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 BRAMBLE CLOSE?

1 BRAMBLE CLOSE is 85m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 1 BRAMBLE CLOSE lies on this distribution: 17% of detached houses are smaller than 1 BRAMBLE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Welton.

1 BRAMBLE CLOSE: Plot and Title Map

1 BRAMBLE CLOSE sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 1 BRAMBLE 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 1 BRAMBLE 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 1 BRAMBLE CLOSE?

1 BRAMBLE CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 1 on BRAMBLE CLOSE.