12, MAREHAM CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2SZ - £148,000

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

12 MAREHAM CLOSE is a very small extended semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £178,327. It was last sold for £148,000 in November 2018, which was around 10% below the average November 2018 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

12 MAREHAM CLOSE Sold Prices

Land registry data shows seven sales for 12 MAREHAM CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Most of the seven 12 MAREHAM 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
2018 30 NOV	£148,000	£164,908	10% below HPI
2006 20 OCT	£125,000	£124,354	1% above HPI
2004 11 NOV	£60,000	£110,060	45% below HPI
2002 18 JUN	£35,500	£64,386	45% below HPI
2001 26 APR	£58,000	£48,981	18% above HPI
1999 8 OCT	£48,000	£44,051	9% above HPI
1997 14 FEB	£57,450	£38,568	49% above HPI

12 MAREHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The seven 12 MAREHAM CLOSE sales between February 1997 and November 2018 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 October 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 MAREHAM CLOSE be worth now?

12 MAREHAM CLOSE might now be worth an estimated £178,327.

This is based on house price inflation of 20.5%, between November 2018 and December 2024, for semi-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 20.5% inflationary increase is applied to the most recent sale price for 12 MAREHAM CLOSE of £148,000 on 30th November 2018. For the value to have increased from £148,000 to £178,327 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 12 MAREHAM CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The November 2018 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MAREHAM CLOSE has not materially changed since November 2018.

How Large is 12 MAREHAM CLOSE?

12 MAREHAM CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of semi-detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bracebridge Heath, and where 12 MAREHAM CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 12 MAREHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

12 MAREHAM CLOSE: Plot and Title Map

12 MAREHAM CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 12 MAREHAM 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 12 MAREHAM 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 12 MAREHAM CLOSE?

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