16, SALTERS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UB - £144,500

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

16 SALTERS CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £230,716. It was last sold for £144,500 in September 2010, which was around 22% below the average September 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

16 SALTERS CLOSE Sold Prices

Land registry data shows two sales for 16 SALTERS 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 16 SALTERS 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
2010 29 SEP	£144,500	£184,538	22% below HPI
2001 14 MAY	£75,952	£82,253	8% below HPI

16 SALTERS 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 16 SALTERS CLOSE sales from May 2001 and September 2010 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 May 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 SALTERS CLOSE be worth now?

16 SALTERS CLOSE might now be worth an estimated £230,716.

This is based on house price inflation of 59.7%, between September 2010 and December 2024, 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 59.7% inflationary increase is applied to the most recent sale price for 16 SALTERS CLOSE of £144,500 on 29th September 2010. For the value to have increased from £144,500 to £230,716 over the thirteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 SALTERS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2010 sale price of £144,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SALTERS CLOSE has not materially changed since September 2010.

How Large is 16 SALTERS CLOSE?

16 SALTERS CLOSE is 71m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 16 SALTERS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 16 SALTERS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

16 SALTERS CLOSE: Plot and Title Map

16 SALTERS CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 16 SALTERS 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 16 SALTERS 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 16 SALTERS CLOSE?

16 SALTERS CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 16 on SALTERS CLOSE.