1, WAKEFIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UG - £214,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WAKEFIELD CLOSE is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £335,713. It was last sold for £214,000 in July 2014, which was around 11% above the average July 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

1 WAKEFIELD CLOSE Sold Prices

Land registry data shows four sales for 1 WAKEFIELD 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 North Kesteven local authority area for the corresponding sale date. All of the four 1 WAKEFIELD CLOSE 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
2014 8 JUL	£214,000	£192,987	11% above HPI
2004 31 AUG	£210,000	£169,641	24% above HPI
2003 29 AUG	£179,950	£146,404	23% above HPI
2001 22 JUN	£109,000	£83,562	30% above HPI

1 WAKEFIELD 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 four 1 WAKEFIELD CLOSE sales between June 2001 and July 2014 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 August 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 WAKEFIELD CLOSE be worth now?

1 WAKEFIELD CLOSE might now be worth an estimated £335,713.

This is based on house price inflation of 56.9%, between July 2014 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.9% inflationary increase is applied to the most recent sale price for 1 WAKEFIELD CLOSE of £214,000 on 8th July 2014. For the value to have increased from £214,000 to £335,713 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 WAKEFIELD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2014 sale price of £214,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WAKEFIELD CLOSE has not materially changed since July 2014.

How Large is 1 WAKEFIELD CLOSE?

1 WAKEFIELD CLOSE is 118m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 1 WAKEFIELD CLOSE lies on this distribution: 68% of detached houses houses are smaller than 1 WAKEFIELD CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

1 WAKEFIELD CLOSE: Plot and Title Map

1 WAKEFIELD CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 1 WAKEFIELD 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 WAKEFIELD 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 WAKEFIELD CLOSE?

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