2, ST ALBANS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TQ - £255,000

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 ST ALBANS CLOSE is a small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £255,000 in January 2021, which was around 7% below the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 ST ALBANS CLOSE Sold Prices

Land registry data shows two sales for 2 ST ALBANS 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. One of the two 2 ST ALBANS 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
2021 8 JAN	£255,000	£272,907	7% below HPI
2000 10 MAR	£89,500	£74,351	20% above HPI

2 ST ALBANS 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 ST ALBANS CLOSE sales from March 2000 and January 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 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 ST ALBANS CLOSE?

2 ST ALBANS CLOSE is 81m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 ST ALBANS CLOSE lies on this distribution: 23% of detached houses are smaller than 2 ST ALBANS CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 ST ALBANS CLOSE: Plot and Title Map

2 ST ALBANS CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 ST ALBANS 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 ST ALBANS 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 ST ALBANS CLOSE?

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