15, WAKEFIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UG - £170,000

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

15 WAKEFIELD CLOSE is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £291,666. It was last sold for £170,000 in September 2005, which was around 4% below the average September 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

15 WAKEFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 WAKEFIELD 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. One of the two 15 WAKEFIELD CLOSE sales was for below the average price, whilst the other was 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
2005 12 SEP	£170,000	£176,460	4% below HPI
2001 30 MAR	£95,000	£80,560	18% above HPI

15 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 two 15 WAKEFIELD CLOSE sales from March 2001 and September 2005 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 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2005 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 WAKEFIELD CLOSE be worth now?

15 WAKEFIELD CLOSE might now be worth an estimated £291,666.

This is based on house price inflation of 71.6%, between September 2005 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 71.6% inflationary increase is applied to the most recent sale price for 15 WAKEFIELD CLOSE of £170,000 on 12th September 2005. For the value to have increased from £170,000 to £291,666 over the twenty years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 WAKEFIELD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2005 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WAKEFIELD CLOSE has not materially changed since September 2005.

How Large is 15 WAKEFIELD CLOSE?

15 WAKEFIELD CLOSE is 106m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 15 WAKEFIELD CLOSE lies on this distribution: 55% of detached houses houses are smaller than 15 WAKEFIELD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

15 WAKEFIELD CLOSE: Plot and Title Map

15 WAKEFIELD CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 15 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 15 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 15 WAKEFIELD CLOSE?

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