17, HOME CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2LP - £205,000

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

17 HOME CLOSE is a small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £207,398. It was last sold for £205,000 in February 2022, which was around 30% below the average February 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

17 HOME CLOSE Sold Prices

Land registry data shows three sales for 17 HOME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 17 HOME 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
2022 11 FEB	£205,000	£291,236	30% below HPI
2005 19 APR	£112,000	£174,337	36% below HPI
1999 9 APR	£54,000	£68,920	22% below HPI

17 HOME 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 three 17 HOME CLOSE sales between April 1999 and February 2022 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 April 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 17 HOME CLOSE be worth now?

17 HOME CLOSE might now be worth an estimated £207,398.

This is based on house price inflation of 1.2%, between February 2022 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 1.2% inflationary increase is applied to the most recent sale price for 17 HOME CLOSE of £205,000 on 11th February 2022. For the value to have increased from £205,000 to £207,398 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 17 HOME CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2022 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HOME CLOSE has not materially changed since February 2022.

How Large is 17 HOME CLOSE?

17 HOME CLOSE is 88m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 17 HOME CLOSE lies on this distribution: 36% of detached houses houses are smaller than 17 HOME CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

17 HOME CLOSE: Plot and Title Map

17 HOME CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 17 HOME 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 17 HOME 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 17 HOME CLOSE?

17 HOME CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 17 on HOME CLOSE.