2, HOME CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2LP - £139,950

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 HOME CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £139,950 in March 2017, which was around 40% below the average March 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

2 HOME CLOSE Sold Prices

Land registry data shows two sales for 2 HOME 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 2 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
2017 17 MAR	£139,950	£231,492	40% below HPI
1996 24 APR	£46,000	£58,955	22% below HPI

2 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 two 2 HOME CLOSE sales from April 1996 and March 2017 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 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 HOME CLOSE?

2 HOME CLOSE is 70m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 2 HOME CLOSE lies on this distribution: 7% of detached houses are smaller than 2 HOME CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 HOME CLOSE: Plot and Title Map

2 HOME CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 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 2 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 2 HOME CLOSE?

2 HOME CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 2 on HOME CLOSE.