2, SALTERS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UB - £119,000

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 SALTERS CLOSE is a very small extended semi-detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £189,928. It was last sold for £119,000 in April 2015, which was around 7% below the average April 2015 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2 SALTERS CLOSE Sold Prices

Land registry data shows two sales for 2 SALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 2 SALTERS CLOSE sales was for below the average price, whilst the other was 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
2015 22 APR	£119,000	£127,695	7% below HPI
2000 23 JUN	£52,500	£47,559	10% above HPI

2 SALTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 SALTERS CLOSE sales from June 2000 and April 2015 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 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 SALTERS CLOSE be worth now?

2 SALTERS CLOSE might now be worth an estimated £189,928.

This is based on house price inflation of 59.6%, between April 2015 and February 2025, for semi-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 59.6% inflationary increase is applied to the most recent sale price for 2 SALTERS CLOSE of £119,000 on 22nd April 2015. For the value to have increased from £119,000 to £189,928 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 2 SALTERS CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The April 2015 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SALTERS CLOSE has not materially changed since April 2015.

How Large is 2 SALTERS CLOSE?

2 SALTERS CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of semi-detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bracebridge Heath, and where 2 SALTERS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 2 SALTERS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 SALTERS CLOSE: Plot and Title Map

2 SALTERS CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2 SALTERS 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 SALTERS 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 SALTERS CLOSE?

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