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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WATLING CLOSE is a midsized extended detached house of 92m², built sometime between 2003 and 2006. 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	£218,920	23% below HPI
2011 22 JUL	£149,950	£181,357	17% below HPI
2006 31 MAR	£141,000	£173,728	19% below HPI
2002 20 SEP	£89,150	£117,288	24% 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 17% below the HPI. So the extrapolation line tracks at 17% 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.

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 in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 2 WATLING CLOSE lies on this distribution: 44% of detached houses are smaller than 2 WATLING CLOSE, and 56% 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.