5, SALTERS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UB - £181,500

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 SALTERS CLOSE is a large detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £285,612. It was last sold for £181,500 in May 2014, which was around 6% below the average May 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

5 SALTERS CLOSE Sold Prices

Land registry data shows two sales for 5 SALTERS 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. One of the two 5 SALTERS CLOSE sales was for below the average price, whilst the other was 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
2014 9 MAY	£181,500	£192,390	6% below HPI
2000 21 AUG	£99,200	£79,917	24% above HPI

5 SALTERS 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 5 SALTERS CLOSE sales from August 2000 and May 2014 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 August 2000 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 SALTERS CLOSE be worth now?

5 SALTERS CLOSE might now be worth an estimated £285,612.

This is based on house price inflation of 57.4%, between May 2014 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 57.4% inflationary increase is applied to the most recent sale price for 5 SALTERS CLOSE of £181,500 on 9th May 2014. For the value to have increased from £181,500 to £285,612 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 5 SALTERS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2014 sale price of £181,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SALTERS CLOSE has not materially changed since May 2014.

How Large is 5 SALTERS CLOSE?

5 SALTERS CLOSE is 123m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% 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 SALTERS CLOSE lies on this distribution: 72% of detached houses houses are smaller than 5 SALTERS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 SALTERS CLOSE: Plot and Title Map

5 SALTERS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 5 SALTERS 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 SALTERS 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 SALTERS CLOSE?

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