2, CORNUS CLOSE, BRANSTON, LINCOLN, LN4 1PH - £249,000

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

2 CORNUS CLOSE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £249,000 in January 2022, which was around 15% below the average January 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

2 CORNUS CLOSE Sold Prices

Land registry data shows three sales for 2 CORNUS 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 2 CORNUS 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 14 JAN	£249,000	£292,152	15% below HPI
2010 30 APR	£151,000	£180,035	16% below HPI
2009 22 JUN	£117,000	£170,844	32% below HPI

2 CORNUS 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 2 CORNUS CLOSE sales between June 2009 and January 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 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 CORNUS CLOSE?

2 CORNUS CLOSE is 89m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 2 CORNUS CLOSE lies on this distribution: 36% of detached houses are smaller than 2 CORNUS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Branston.

2 CORNUS CLOSE: Plot and Title Map

2 CORNUS CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 CORNUS 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 CORNUS 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 CORNUS CLOSE?

2 CORNUS CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 2 on CORNUS CLOSE.