3, WAKEFIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UG - £297,000

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 WAKEFIELD CLOSE is a midsized extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £297,000 in August 2023, which was around 2% below the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

3 WAKEFIELD CLOSE Sold Prices

Land registry data shows five sales for 3 WAKEFIELD 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 3 WAKEFIELD CLOSE sales were 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
2023 30 AUG	£297,000	£303,276	2% below HPI
2020 27 JUL	£265,000	£259,619	2% above HPI
2017 6 DEC	£254,500	£243,033	5% above HPI
2015 9 JAN	£188,000	£201,442	7% below HPI
2001 29 JUN	£95,000	£84,634	12% above HPI

3 WAKEFIELD 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 3 WAKEFIELD CLOSE sales between June 2001 and August 2023 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 July 2020 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 WAKEFIELD CLOSE?

3 WAKEFIELD CLOSE is 107m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% 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 WAKEFIELD CLOSE lies on this distribution: 58% of detached houses are smaller than 3 WAKEFIELD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 WAKEFIELD CLOSE: Plot and Title Map

3 WAKEFIELD CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 WAKEFIELD 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 WAKEFIELD 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 WAKEFIELD CLOSE?

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