2, MELVILLE CLOSE, BRANSTON, LINCOLN, LN4 1UB - £250,000

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 MELVILLE CLOSE is a large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2011, which was around 38% above the average March 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

2 MELVILLE CLOSE Sold Prices

Land registry data shows two sales for 2 MELVILLE 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 MELVILLE 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
2011 14 MAR	£250,000	£180,821	38% above HPI
1996 30 JUL	£86,500	£63,264	37% above HPI

2 MELVILLE 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 MELVILLE CLOSE sales from July 1996 and March 2011 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 July 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2011 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 MELVILLE CLOSE?

2 MELVILLE CLOSE is 135m² according to the EPC inspection conducted in December 2010. This puts it in the largest 30% 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 MELVILLE CLOSE lies on this distribution: 79% of detached houses are smaller than 2 MELVILLE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Branston.

2 MELVILLE CLOSE: Plot and Title Map

2 MELVILLE CLOSE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 2 MELVILLE 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 MELVILLE 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 MELVILLE CLOSE?

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