3, WORCESTER CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TY - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 WORCESTER CLOSE is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £350,000 in May 2021, which was around 29% above the average May 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

3 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 3 WORCESTER 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 WORCESTER 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
2021 26 MAY	£350,000	£271,609	29% above HPI
1999 15 JAN	£83,950	£70,287	19% above HPI

3 WORCESTER 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 WORCESTER CLOSE sales from January 1999 and May 2021 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 January 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 WORCESTER CLOSE?

3 WORCESTER CLOSE is 170m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 10% 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 WORCESTER CLOSE lies on this distribution: 96% of detached houses are smaller than 3 WORCESTER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 WORCESTER CLOSE: Plot and Title Map

3 WORCESTER CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

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