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

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

5 BRACKEN CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £217,500 in May 2022, which was around 28% 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	£303,288	28% below HPI
2020 27 NOV	£175,300	£266,312	34% below HPI
1995 30 JUN	£48,000	£61,095	21% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 5 BRACKEN CLOSE lies on this distribution: 10% of detached 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.