9, LABURNUM CLOSE, BRANSTON, LINCOLN, LN4 1PL - £260,000

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

9 LABURNUM CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £260,000 in November 2023, which was around 13% below the average November 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

9 LABURNUM CLOSE Sold Prices

Land registry data shows three sales for 9 LABURNUM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 9 LABURNUM 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
2023 15 NOV	£260,000	£300,479	13% below HPI
2008 29 SEP	£148,000	£185,003	20% below HPI
2002 20 SEP	£86,500	£117,288	26% below HPI

9 LABURNUM 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 three 9 LABURNUM CLOSE sales between September 2002 and November 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 September 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 LABURNUM CLOSE?

9 LABURNUM CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 9 LABURNUM CLOSE lies on this distribution: 38% of detached houses are smaller than 9 LABURNUM CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Branston.

9 LABURNUM CLOSE: Plot and Title Map

9 LABURNUM CLOSE sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 9 LABURNUM 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 9 LABURNUM 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 9 LABURNUM CLOSE?

9 LABURNUM CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 9 on LABURNUM CLOSE.