1, VILLA CLOSE, BRANSTON, LINCOLN, LN4 1LW - £135,000

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 VILLA CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £135,000 in December 2017, which was around 44% below the average December 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

1 VILLA CLOSE Sold Prices

Land registry data shows three sales for 1 VILLA 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 1 VILLA 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
2017 8 DEC	£135,000	£243,033	44% below HPI
2000 27 JUN	£69,000	£77,389	11% below HPI
1996 27 SEP	£59,950	£62,929	5% below HPI

1 VILLA 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 1 VILLA CLOSE sales between September 1996 and December 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 June 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1 VILLA CLOSE?

1 VILLA CLOSE is 73m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 1 VILLA CLOSE lies on this distribution: 11% of detached houses are smaller than 1 VILLA CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Branston.

1 VILLA CLOSE: Plot and Title Map

1 VILLA CLOSE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 1 VILLA 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 VILLA 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 VILLA CLOSE?

1 VILLA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 1 on VILLA CLOSE.