15, RILEY CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QS - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 RILEY CLOSE is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £130,000 in June 2009, which was around 24% below the average June 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

15 RILEY CLOSE Sold Prices

Land registry data shows two sales for 15 RILEY CLOSE 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 RILEY 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
2009 3 JUN	£130,000	£170,844	24% below HPI
2004 9 NOV	£126,000	£170,385	26% below HPI

15 RILEY 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 two 15 RILEY CLOSE sales from November 2004 and June 2009 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 November 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2009 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 RILEY CLOSE?

15 RILEY CLOSE is 85m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% of detached houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 15 RILEY CLOSE lies on this distribution: 31% of detached houses are smaller than 15 RILEY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

15 RILEY CLOSE: Plot and Title Map

15 RILEY CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 15 RILEY 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 15 RILEY 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 15 RILEY CLOSE?

15 RILEY CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 15 on RILEY CLOSE.