5, ICKNIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2DH - £220,000

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

5 ICKNIELD CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £206,894. It was last sold for £220,000 in August 2022, which was around 30% below the average August 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

5 ICKNIELD CLOSE Sold Prices

Land registry data shows four sales for 5 ICKNIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 5 ICKNIELD 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 9 AUG	£220,000	£313,307	30% below HPI
2012 27 JUL	£132,000	£176,761	25% below HPI
2009 17 APR	£127,500	£164,788	23% below HPI
2001 30 MAR	£76,700	£80,560	5% below HPI

5 ICKNIELD 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 four 5 ICKNIELD CLOSE sales between March 2001 and August 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 July 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 ICKNIELD CLOSE be worth now?

5 ICKNIELD CLOSE might now be worth an estimated £206,894.

This is based on house price deflation of 6%, between August 2022 and December 2024, 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 6% deflationary decrease is applied to the most recent sale price for 5 ICKNIELD CLOSE of £220,000 on 9th August 2022. For the value to have decreased from £220,000 to £206,894 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 5 ICKNIELD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ICKNIELD CLOSE has not materially changed since August 2022.

How Large is 5 ICKNIELD CLOSE?

5 ICKNIELD CLOSE is 74m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 5 ICKNIELD CLOSE lies on this distribution: 11% of detached houses houses are smaller than 5 ICKNIELD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 ICKNIELD CLOSE: Plot and Title Map

5 ICKNIELD CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 5 ICKNIELD 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 ICKNIELD 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 ICKNIELD CLOSE?

5 ICKNIELD CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 5 on ICKNIELD CLOSE.