3, BRACKEN CLOSE, LEASINGHAM, SLEAFORD, NG34 8LX - £222,000

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

3 BRACKEN CLOSE is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £222,000 in December 2022, which was around 31% below the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 BRACKEN CLOSE Sold Prices

Land registry data shows four sales for 3 BRACKEN 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 3 BRACKEN 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
2022 19 DEC	£222,000	£319,772	31% below HPI
2019 18 SEP	£173,000	£254,667	32% below HPI
2015 21 DEC	£147,000	£211,694	31% below HPI
2002 31 MAY	£79,995	£101,539	21% below HPI

3 BRACKEN 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 3 BRACKEN CLOSE sales between May 2002 and December 2022 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 September 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 BRACKEN CLOSE?

3 BRACKEN CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 3 BRACKEN CLOSE lies on this distribution: 13% of detached houses are smaller than 3 BRACKEN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

3 BRACKEN CLOSE: Plot and Title Map

3 BRACKEN CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 3 BRACKEN 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 3 BRACKEN 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 3 BRACKEN CLOSE?

3 BRACKEN CLOSE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 3 on BRACKEN CLOSE.