23, ELY CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TJ - £175,000

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

23 ELY CLOSE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £175,000 in December 2014, which was around 13% below the average December 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

23 ELY CLOSE Sold Prices

Land registry data shows two sales for 23 ELY 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 23 ELY 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
2014 3 DEC	£175,000	£201,662	13% below HPI
1999 30 JUN	£79,537	£70,048	14% above HPI

23 ELY 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 23 ELY CLOSE sales from June 1999 and December 2014 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 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 ELY CLOSE?

23 ELY CLOSE is 85m² according to the EPC inspection conducted in January 2014. 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 23 ELY CLOSE lies on this distribution: 29% of detached houses are smaller than 23 ELY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

23 ELY CLOSE: Plot and Title Map

23 ELY CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 23 ELY 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 23 ELY 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 23 ELY CLOSE?

23 ELY CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 23 on ELY CLOSE.