3, HILLMAN CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QR - £278,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HILLMAN CLOSE is a very large extended detached house of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £282,917. It was last sold for £278,000 in October 2024, which was around 7% below the average October 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

3 HILLMAN CLOSE Sold Prices

Land registry data shows two sales for 3 HILLMAN 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. Both of the two 3 HILLMAN 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 25 OCT	£278,000	£297,487	7% below HPI
2019 16 DEC	£235,000	£255,449	8% below HPI

3 HILLMAN 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 3 HILLMAN CLOSE sales from December 2019 and October 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 HILLMAN CLOSE be worth now?

3 HILLMAN CLOSE might now be worth an estimated £282,917.

This is based on house price inflation of 1.8%, between October 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 1.8% inflationary increase is applied to the most recent sale price for 3 HILLMAN CLOSE of £278,000 on 25th October 2024. For the value to have increased from £278,000 to £282,917 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 3 HILLMAN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2024 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HILLMAN CLOSE has not materially changed since October 2024.

How Large is 3 HILLMAN CLOSE?

3 HILLMAN CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% 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 3 HILLMAN CLOSE lies on this distribution: 86% of detached houses houses are smaller than 3 HILLMAN CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 HILLMAN CLOSE: Plot and Title Map

3 HILLMAN CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 3 HILLMAN 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 HILLMAN 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 HILLMAN CLOSE?

3 HILLMAN CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 3 on HILLMAN CLOSE.