15, MEMORIAL GARDENS, BRANSTON, LINCOLN, LN4 1FR - £228,000

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.

15 MEMORIAL GARDENS is a small detached house of 81m², which could now be worth an estimated £256,194. It was last sold for £228,000 in March 2021, which was around 15% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

15 MEMORIAL GARDENS Sold Prices

Land registry data shows two sales for 15 MEMORIAL GARDENS 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 15 MEMORIAL GARDENS 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
2021 12 MAR	£228,000	£269,432	15% below HPI
2018 27 SEP	£215,000	£249,822	14% below HPI

15 MEMORIAL GARDENS 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 15 MEMORIAL GARDENS sales from September 2018 and March 2021 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 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 15 MEMORIAL GARDENS be worth now?

15 MEMORIAL GARDENS might now be worth an estimated £256,194.

This is based on house price inflation of 12.4%, between March 2021 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 12.4% inflationary increase is applied to the most recent sale price for 15 MEMORIAL GARDENS of £228,000 on 12th March 2021. For the value to have increased from £228,000 to £256,194 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 MEMORIAL GARDENS has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2021 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEMORIAL GARDENS has not materially changed since March 2021.

How Large is 15 MEMORIAL GARDENS?

15 MEMORIAL GARDENS is 81m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Branston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Branston, and where 15 MEMORIAL GARDENS lies on this distribution: 20% of detached houses houses are smaller than 15 MEMORIAL GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Branston.

15 MEMORIAL GARDENS: Plot and Title Map

15 MEMORIAL GARDENS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 15 MEMORIAL GARDENS, 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 15 MEMORIAL GARDENS). 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 15 MEMORIAL GARDENS?

15 MEMORIAL GARDENS is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 15 on MEMORIAL GARDENS.