2, LAGONDA CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QH - £207,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LAGONDA CLOSE is a midsized detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £230,379. It was last sold for £207,000 in June 2021, which was around 24% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was D.

2 LAGONDA CLOSE Sold Prices

Land registry data shows three sales for 2 LAGONDA 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 LAGONDA 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 23 JUN	£207,000	£272,026	24% below HPI
2014 26 MAR	£149,950	£185,656	19% below HPI
2002 26 APR	£40,000	£98,015	59% below HPI

2 LAGONDA 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 LAGONDA CLOSE sales between April 2002 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 March 2014 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 falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 LAGONDA CLOSE be worth now?

2 LAGONDA CLOSE might now be worth an estimated £230,379.

This is based on house price inflation of 11.3%, between June 2021 and February 2025, 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 11.3% inflationary increase is applied to the most recent sale price for 2 LAGONDA CLOSE of £207,000 on 23rd June 2021. For the value to have increased from £207,000 to £230,379 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 LAGONDA CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2021 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAGONDA CLOSE has not materially changed since June 2021.

How Large is 2 LAGONDA CLOSE?

2 LAGONDA CLOSE is 92m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% 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 2 LAGONDA CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 LAGONDA CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 LAGONDA CLOSE: Plot and Title Map

2 LAGONDA CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 2 LAGONDA 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 LAGONDA 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 LAGONDA CLOSE?

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