2, BRADMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FH - £232,000

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

2 BRADMAN CLOSE is a large extended detached house of 200m², built sometime between 2003 and 2006, which could now be worth an estimated £368,545. It was last sold for £232,000 in May 2013, which was around 29% above the average May 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

2 BRADMAN CLOSE Sold Prices

Land registry data shows two sales for 2 BRADMAN 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 West Lindsey local authority area for the corresponding sale date. Both of the two 2 BRADMAN 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
2013 20 MAY	£232,000	£179,357	29% above HPI
2006 23 JUN	£324,950	£175,773	85% above HPI

2 BRADMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 2 BRADMAN CLOSE sales from June 2006 and May 2013 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 June 2006 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the May 2013 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 BRADMAN CLOSE be worth now?

2 BRADMAN CLOSE might now be worth an estimated £368,545.

This is based on house price inflation of 58.9%, between May 2013 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.9% inflationary increase is applied to the most recent sale price for 2 BRADMAN CLOSE of £232,000 on 20th May 2013. For the value to have increased from £232,000 to £368,545 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of 2 BRADMAN CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2013 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRADMAN CLOSE has not materially changed since May 2013.

How Large is 2 BRADMAN CLOSE?

2 BRADMAN CLOSE is 200m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faldingworth, and where 2 BRADMAN CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 BRADMAN CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

2 BRADMAN CLOSE: Plot and Title Map

2 BRADMAN CLOSE sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 2 BRADMAN 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 2 BRADMAN 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 2 BRADMAN CLOSE?

2 BRADMAN CLOSE is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 2 on BRADMAN CLOSE.