2, WATLING CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2BD - £167,500

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 WATLING CLOSE is a midsized extended detached house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £234,611. It was last sold for £167,500 in April 2016, which was around 23% below the average April 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

2 WATLING CLOSE Sold Prices

Land registry data shows four sales for 2 WATLING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 2 WATLING 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
2016 12 APR	£167,500	£216,147	23% below HPI
2011 22 JUL	£149,950	£179,060	16% below HPI
2006 31 MAR	£141,000	£171,528	18% below HPI
2002 20 SEP	£89,150	£115,803	23% below HPI

2 WATLING 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 four 2 WATLING CLOSE sales between September 2002 and April 2016 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 WATLING CLOSE be worth now?

2 WATLING CLOSE might now be worth an estimated £234,611.

This is based on house price inflation of 40.1%, between April 2016 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 40.1% inflationary increase is applied to the most recent sale price for 2 WATLING CLOSE of £167,500 on 12th April 2016. For the value to have increased from £167,500 to £234,611 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 2 WATLING CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2016 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WATLING CLOSE has not materially changed since April 2016.

How Large is 2 WATLING CLOSE?

2 WATLING CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 WATLING CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 WATLING CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 WATLING CLOSE: Plot and Title Map

2 WATLING CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 2 WATLING 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 WATLING 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 WATLING CLOSE?

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