7, WAKEFIELD CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UG - £145,000

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

7 WAKEFIELD CLOSE is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £145,000 in October 2002, which was around 21% above the average October 2002 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

7 WAKEFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 WAKEFIELD 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 7 WAKEFIELD 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
2002 18 OCT	£145,000	£119,592	21% above HPI
2001 25 MAY	£96,000	£83,308	15% above HPI

7 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 two 7 WAKEFIELD CLOSE sales from May 2001 and October 2002 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 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2002 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 7 WAKEFIELD CLOSE?

7 WAKEFIELD CLOSE is 102m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% 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 7 WAKEFIELD CLOSE lies on this distribution: 53% of detached houses are smaller than 7 WAKEFIELD CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

7 WAKEFIELD CLOSE: Plot and Title Map

7 WAKEFIELD CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 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 7 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 7 WAKEFIELD CLOSE?

7 WAKEFIELD CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 7 on WAKEFIELD CLOSE.