12, LICHFIELD ROAD, BRACEBRIDGE HEATH, LINCOLN, LN4 2SS - £343,000

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.

12 LICHFIELD ROAD is a very large extended detached house of 152m², built sometime between 1991 and 1995, which could now be worth an estimated £406,511. It was last sold for £343,000 in December 2019, which was around 34% above the average December 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 12 LICHFIELD ROAD 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 12 LICHFIELD ROAD 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
2019 4 DEC	£343,000	£255,449	34% above HPI
1997 19 SEP	£118,950	£65,062	83% above HPI

12 LICHFIELD ROAD 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 12 LICHFIELD ROAD sales from September 1997 and December 2019 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 1997 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the December 2019 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 LICHFIELD ROAD be worth now?

12 LICHFIELD ROAD might now be worth an estimated £406,511.

This is based on house price inflation of 18.5%, between December 2019 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 18.5% inflationary increase is applied to the most recent sale price for 12 LICHFIELD ROAD of £343,000 on 4th December 2019. For the value to have increased from £343,000 to £406,511 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 LICHFIELD ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2019 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LICHFIELD ROAD has not materially changed since December 2019.

How Large is 12 LICHFIELD ROAD?

12 LICHFIELD ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% 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 12 LICHFIELD ROAD lies on this distribution: 90% of detached houses houses are smaller than 12 LICHFIELD ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

12 LICHFIELD ROAD: Plot and Title Map

12 LICHFIELD ROAD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 12 LICHFIELD ROAD, 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 12 LICHFIELD ROAD). 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 12 LICHFIELD ROAD?

12 LICHFIELD ROAD is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 12 on LICHFIELD ROAD.