5, WORCESTER CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TY - £395,000

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 WORCESTER CLOSE is a very large extended detached house of 157m², built sometime between 1996 and 2002. It was last sold for £395,000 in February 2023, which was around 26% above the average February 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

5 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 5 WORCESTER 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. Both of the two 5 WORCESTER CLOSE sales were 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
2023 23 FEB	£395,000	£312,630	26% above HPI
1999 21 MAY	£101,750	£69,345	47% above HPI

5 WORCESTER 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 WORCESTER CLOSE sales from May 1999 and February 2023 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 May 1999 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 5 WORCESTER CLOSE?

5 WORCESTER CLOSE is 157m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 5 WORCESTER CLOSE lies on this distribution: 93% of detached houses are smaller than 5 WORCESTER CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 WORCESTER CLOSE: Plot and Title Map

5 WORCESTER CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 5 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

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