10, ALVIS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QX - £169,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 ALVIS CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £281,122. It was last sold for £169,950 in April 2013, which was around 5% below the average April 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

10 ALVIS CLOSE Sold Prices

Land registry data shows two sales for 10 ALVIS 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 10 ALVIS 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
2013 26 APR	£169,950	£178,124	5% below HPI
2009 22 DEC	£117,000	£179,137	35% below HPI

10 ALVIS 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 10 ALVIS CLOSE sales from December 2009 and April 2013 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 December 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 10 ALVIS CLOSE be worth now?

10 ALVIS CLOSE might now be worth an estimated £281,122.

This is based on house price inflation of 65.4%, between April 2013 and December 2024, 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 65.4% inflationary increase is applied to the most recent sale price for 10 ALVIS CLOSE of £169,950 on 26th April 2013. For the value to have increased from £169,950 to £281,122 over the ten years and four months to December 2024, the following assumptions must hold true:

• The value of 10 ALVIS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2013 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 10 ALVIS CLOSE has not materially changed since April 2013.

How Large is 10 ALVIS CLOSE?

10 ALVIS CLOSE is 74m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 10 ALVIS CLOSE lies on this distribution: 11% of detached houses houses are smaller than 10 ALVIS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

10 ALVIS CLOSE: Plot and Title Map

10 ALVIS CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 10 ALVIS 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 10 ALVIS 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 10 ALVIS CLOSE?

10 ALVIS CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 10 on ALVIS CLOSE.