39, DURHAM CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TN - £125,000

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

39 DURHAM CLOSE is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £170,036. It was last sold for £125,000 in August 2016, which was around 14% below the average August 2016 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

39 DURHAM CLOSE Sold Prices

Land registry data shows five sales for 39 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 39 DURHAM 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
2016 12 AUG	£125,000	£146,072	14% below HPI
2004 19 APR	£117,950	£102,510	15% above HPI
2003 22 DEC	£112,000	£97,665	15% above HPI
2000 7 NOV	£59,000	£48,736	21% above HPI
1999 30 APR	£53,500	£42,944	25% above HPI

39 DURHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 39 DURHAM CLOSE sales between April 1999 and August 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 April 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 39 DURHAM CLOSE be worth now?

39 DURHAM CLOSE might now be worth an estimated £170,036.

This is based on house price inflation of 36%, between August 2016 and December 2024, for semi-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 36% inflationary increase is applied to the most recent sale price for 39 DURHAM CLOSE of £125,000 on 12th August 2016. For the value to have increased from £125,000 to £170,036 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 39 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 39 DURHAM CLOSE has not materially changed since August 2016.

How Large is 39 DURHAM CLOSE?

39 DURHAM CLOSE is 65m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of semi-detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bracebridge Heath, and where 39 DURHAM CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 39 DURHAM CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

39 DURHAM CLOSE: Plot and Title Map

39 DURHAM CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 39 DURHAM 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 39 DURHAM 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 39 DURHAM CLOSE?

39 DURHAM CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 39 on DURHAM CLOSE.