12, WAKEFIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UG - £176,000

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 WAKEFIELD CLOSE is a midsized detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £254,657. It was last sold for £176,000 in October 2015, which was around 16% below the average October 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

12 WAKEFIELD CLOSE Sold Prices

Land registry data shows four sales for 12 WAKEFIELD 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. Most of the four 12 WAKEFIELD 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
2015 26 OCT	£176,000	£209,238	16% below HPI
2013 5 MAR	£165,000	£174,888	6% below HPI
2007 17 AUG	£184,850	£199,722	7% below HPI
2001 30 MAR	£83,000	£80,560	3% above HPI

12 WAKEFIELD 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 12 WAKEFIELD CLOSE sales between March 2001 and October 2015 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 March 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 WAKEFIELD CLOSE be worth now?

12 WAKEFIELD CLOSE might now be worth an estimated £254,657.

This is based on house price inflation of 44.7%, between October 2015 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 44.7% inflationary increase is applied to the most recent sale price for 12 WAKEFIELD CLOSE of £176,000 on 26th October 2015. For the value to have increased from £176,000 to £254,657 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 WAKEFIELD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2015 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WAKEFIELD CLOSE has not materially changed since October 2015.

How Large is 12 WAKEFIELD CLOSE?

12 WAKEFIELD CLOSE is 90m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% 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 WAKEFIELD CLOSE lies on this distribution: 40% of detached houses houses are smaller than 12 WAKEFIELD CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

12 WAKEFIELD CLOSE: Plot and Title Map

12 WAKEFIELD CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 WAKEFIELD 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 WAKEFIELD 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 WAKEFIELD CLOSE?

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