8, ALVIS CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QX - £172,000

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

8 ALVIS CLOSE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £172,000 in September 2020, which was around 35% below the average September 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

8 ALVIS CLOSE Sold Prices

Land registry data shows two sales for 8 ALVIS 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 8 ALVIS 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
2020 1 SEP	£172,000	£262,930	35% below HPI
2009 27 AUG	£139,950	£174,272	20% below HPI

8 ALVIS 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 8 ALVIS CLOSE sales from August 2009 and September 2020 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 ALVIS CLOSE?

8 ALVIS CLOSE is 83m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 8 ALVIS CLOSE lies on this distribution: 26% of detached houses are smaller than 8 ALVIS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

8 ALVIS CLOSE: Plot and Title Map

8 ALVIS CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 8 ALVIS 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 8 ALVIS 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 8 ALVIS CLOSE?

8 ALVIS CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 8 on ALVIS CLOSE.