16, WINCHESTER CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UH - £347,500

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.

16 WINCHESTER CLOSE is a very large detached house of 168m², built sometime between 2003 and 2006, which could now be worth an estimated £418,409. It was last sold for £347,500 in September 2019, which was around 38% above the average September 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

16 WINCHESTER CLOSE Sold Prices

Land registry data shows two sales for 16 WINCHESTER 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 WINCHESTER CLOSE sales were 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
2019 19 SEP	£347,500	£251,441	38% above HPI
2002 30 MAY	£168,000	£100,253	68% above HPI

16 WINCHESTER 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 WINCHESTER CLOSE sales from May 2002 and September 2019 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 2002 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 16 WINCHESTER CLOSE be worth now?

16 WINCHESTER CLOSE might now be worth an estimated £418,409.

This is based on house price inflation of 20.4%, between September 2019 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 20.4% inflationary increase is applied to the most recent sale price for 16 WINCHESTER CLOSE of £347,500 on 19th September 2019. For the value to have increased from £347,500 to £418,409 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 WINCHESTER CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2019 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 16 WINCHESTER CLOSE has not materially changed since September 2019.

How Large is 16 WINCHESTER CLOSE?

16 WINCHESTER CLOSE is 168m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 WINCHESTER CLOSE lies on this distribution: 96% of detached houses houses are smaller than 16 WINCHESTER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

16 WINCHESTER CLOSE: Plot and Title Map

16 WINCHESTER CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 16 WINCHESTER 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 WINCHESTER 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 WINCHESTER CLOSE?

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