5, WAKEFIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UG - £179,950

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 WAKEFIELD CLOSE is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £297,038. It was last sold for £179,950 in December 2013, which was around 2% below the average December 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

5 WAKEFIELD CLOSE Sold Prices

Land registry data shows five sales for 5 WAKEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The five 5 WAKEFIELD CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2013 19 DEC	£179,950	£183,410	2% below HPI
2009 12 JUN	£169,000	£168,680	Close to HPI
2007 11 JUN	£182,500	£192,959	5% below HPI
2003 7 MAR	£140,000	£133,485	5% above HPI
2001 25 MAY	£85,000	£82,253	3% above HPI

5 WAKEFIELD 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 five 5 WAKEFIELD CLOSE sales between May 2001 and December 2013 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 June 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 WAKEFIELD CLOSE be worth now?

5 WAKEFIELD CLOSE might now be worth an estimated £297,038.

This is based on house price inflation of 65.1%, between December 2013 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 65.1% inflationary increase is applied to the most recent sale price for 5 WAKEFIELD CLOSE of £179,950 on 19th December 2013. For the value to have increased from £179,950 to £297,038 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 WAKEFIELD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2013 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 5 WAKEFIELD CLOSE has not materially changed since December 2013.

How Large is 5 WAKEFIELD CLOSE?

5 WAKEFIELD CLOSE is 114m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% 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 WAKEFIELD CLOSE lies on this distribution: 65% of detached houses houses are smaller than 5 WAKEFIELD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 WAKEFIELD CLOSE: Plot and Title Map

5 WAKEFIELD CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 5 WAKEFIELD 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 WAKEFIELD 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 WAKEFIELD CLOSE?

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