1, LAGONDA CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QH - £155,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAGONDA CLOSE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £155,000 in May 2018, which was around 37% below the average May 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

1 LAGONDA CLOSE Sold Prices

Land registry data shows two sales for 1 LAGONDA 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 1 LAGONDA 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 14 MAY	£155,000	£245,174	37% below HPI
2004 12 FEB	£105,000	£157,882	33% below HPI

1 LAGONDA 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 1 LAGONDA CLOSE sales from February 2004 and May 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 February 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 LAGONDA CLOSE?

1 LAGONDA CLOSE is 71m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 1 LAGONDA CLOSE lies on this distribution: 8% of detached houses are smaller than 1 LAGONDA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

1 LAGONDA CLOSE: Plot and Title Map

1 LAGONDA CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1 LAGONDA 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 LAGONDA 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 LAGONDA CLOSE?

1 LAGONDA CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 1 on LAGONDA CLOSE.