1, WATLING CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2BD - £200,000

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 WATLING CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £200,000 in October 2020, which was around 24% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

1 WATLING CLOSE Sold Prices

Land registry data shows four sales for 1 WATLING 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 WATLING 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
2020 5 OCT	£200,000	£264,224	24% below HPI
2012 4 SEP	£124,995	£179,422	30% below HPI
2003 22 DEC	£124,500	£154,126	19% below HPI
2002 25 OCT	£89,150	£119,592	25% below HPI

1 WATLING 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 WATLING CLOSE sales between October 2002 and October 2020 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 September 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 WATLING CLOSE?

1 WATLING CLOSE is 75m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 WATLING CLOSE lies on this distribution: 13% of detached houses are smaller than 1 WATLING CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

1 WATLING CLOSE: Plot and Title Map

1 WATLING CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 1 WATLING 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 WATLING 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 WATLING CLOSE?

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