10, ELY CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TJ - £157,000

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.

10 ELY CLOSE is a small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £261,581. It was last sold for £157,000 in July 2010, which was around 14% below the average July 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

10 ELY CLOSE Sold Prices

Land registry data shows five sales for 10 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 10 ELY 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
2010 29 JUL	£157,000	£181,709	14% below HPI
2006 8 DEC	£160,000	£186,026	14% below HPI
2004 20 AUG	£158,500	£169,641	7% below HPI
2002 12 JUL	£112,000	£107,987	4% above HPI
2000 25 FEB	£76,250	£72,503	5% above HPI

10 ELY 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 five 10 ELY CLOSE sales between February 2000 and July 2010 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2010 sale, which was also at 14% below the HPI.

What might 10 ELY CLOSE be worth now?

10 ELY CLOSE might now be worth an estimated £261,581.

This is based on house price inflation of 66.6%, between July 2010 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 66.6% inflationary increase is applied to the most recent sale price for 10 ELY CLOSE of £157,000 on 29th July 2010. For the value to have increased from £157,000 to £261,581 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 10 ELY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2010 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ELY CLOSE has not materially changed since July 2010.

How Large is 10 ELY CLOSE?

10 ELY CLOSE is 89m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 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 10 ELY CLOSE lies on this distribution: 38% of detached houses houses are smaller than 10 ELY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

10 ELY CLOSE: Plot and Title Map

10 ELY CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 10 ELY 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 ELY 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 ELY CLOSE?

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