16, WORCESTER CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TY - £225,000

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

16 WORCESTER CLOSE is a small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £225,000 in June 2021, which was around 18% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

16 WORCESTER CLOSE Sold Prices

Land registry data shows six sales for 16 WORCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the six 16 WORCESTER 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
2021 25 JUN	£225,000	£275,516	18% below HPI
2017 17 MAY	£192,500	£237,856	19% below HPI
2014 4 JUL	£170,000	£195,463	13% below HPI
2004 31 AUG	£156,000	£171,818	9% below HPI
2003 8 MAY	£125,000	£141,428	12% below HPI
1999 27 MAY	£73,103	£69,345	5% above HPI

16 WORCESTER 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 six 16 WORCESTER CLOSE sales between May 1999 and June 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 May 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 WORCESTER CLOSE?

16 WORCESTER CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% 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 16 WORCESTER CLOSE lies on this distribution: 23% of detached houses are smaller than 16 WORCESTER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

16 WORCESTER CLOSE: Plot and Title Map

16 WORCESTER CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 16 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

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