3, SALTERS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UB - £148,000

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 SALTERS CLOSE is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £148,000 in March 2016, which was around 32% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

3 SALTERS CLOSE Sold Prices

Land registry data shows three sales for 3 SALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 3 SALTERS 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 11 MAR	£148,000	£216,837	32% below HPI
2011 20 MAY	£135,000	£177,723	24% below HPI
2000 19 MAY	£69,950	£77,302	10% below HPI

3 SALTERS 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 three 3 SALTERS CLOSE sales between May 2000 and March 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 May 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 SALTERS CLOSE?

3 SALTERS CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% 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 3 SALTERS CLOSE lies on this distribution: 15% of detached houses are smaller than 3 SALTERS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 SALTERS CLOSE: Plot and Title Map

3 SALTERS CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 SALTERS 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 SALTERS 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 SALTERS CLOSE?

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