24, ELY CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TJ - £250,000

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.

24 ELY CLOSE is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £264,266. It was last sold for £250,000 in August 2024, which was around 13% below the average August 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

24 ELY CLOSE Sold Prices

Land registry data shows five sales for 24 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 24 ELY 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
2024 23 AUG	£250,000	£286,406	13% below HPI
2019 6 DEC	£210,000	£255,449	18% below HPI
2011 10 JUN	£155,000	£179,358	14% below HPI
2006 2 OCT	£153,500	£187,571	18% below HPI
1999 30 JUL	£76,500	£70,457	9% above HPI

24 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 five 24 ELY CLOSE sales between July 1999 and August 2024 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 December 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 24 ELY CLOSE be worth now?

24 ELY CLOSE might now be worth an estimated £264,266.

This is based on house price inflation of 5.7%, between August 2024 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 5.7% inflationary increase is applied to the most recent sale price for 24 ELY CLOSE of £250,000 on 23rd August 2024. For the value to have increased from £250,000 to £264,266 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 24 ELY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ELY CLOSE has not materially changed since August 2024.

How Large is 24 ELY CLOSE?

24 ELY CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 40% 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 24 ELY CLOSE lies on this distribution: 69% of detached houses houses are smaller than 24 ELY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

24 ELY CLOSE: Plot and Title Map

24 ELY CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 24 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 24 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 24 ELY CLOSE?

24 ELY CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 24 on ELY CLOSE.