5, BRACKEN CLOSE, LEASINGHAM, SLEAFORD, NG34 8LX - £217,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BRACKEN CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £219,899. It was last sold for £217,500 in May 2022, which was around 27% below the average May 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

5 BRACKEN CLOSE Sold Prices

Land registry data shows three sales for 5 BRACKEN 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 5 BRACKEN 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
2022 13 MAY	£217,500	£299,446	27% below HPI
2020 27 NOV	£175,300	£262,939	33% below HPI
1995 30 JUN	£48,000	£60,321	20% below HPI

5 BRACKEN 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 5 BRACKEN CLOSE sales between June 1995 and May 2022 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 November 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 BRACKEN CLOSE be worth now?

5 BRACKEN CLOSE might now be worth an estimated £219,899.

This is based on house price inflation of 1.1%, between May 2022 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 1.1% inflationary increase is applied to the most recent sale price for 5 BRACKEN CLOSE of £217,500 on 13th May 2022. For the value to have increased from £217,500 to £219,899 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 BRACKEN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2022 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BRACKEN CLOSE has not materially changed since May 2022.

How Large is 5 BRACKEN CLOSE?

5 BRACKEN CLOSE is 69m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leasingham, and where 5 BRACKEN CLOSE lies on this distribution: 10% of detached houses houses are smaller than 5 BRACKEN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

5 BRACKEN CLOSE: Plot and Title Map

5 BRACKEN CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 5 BRACKEN 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 5 BRACKEN 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 5 BRACKEN CLOSE?

5 BRACKEN CLOSE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 5 on BRACKEN CLOSE.