11, ELY CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TJ - £260,000

11 ELY CLOSE is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £260,000 in May 2022, which was around 14% below the average May 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

11 ELY CLOSE Sold Prices

Land registry data shows six sales for 11 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the six 11 ELY 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
2022 26 MAY	£260,000	£303,935	14% below HPI
2018 9 APR	£195,000	£240,947	19% below HPI
2015 29 JUN	£160,000	£202,138	21% below HPI
2009 27 FEB	£130,000	£164,170	21% below HPI
2002 18 DEC	£119,950	£123,929	3% below HPI
1999 28 MAY	£71,950	£69,345	4% above HPI

11 ELY 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 six 11 ELY CLOSE sales between May 1999 and May 2022 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 April 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 11 ELY CLOSE?

11 ELY CLOSE is 86m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% 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 11 ELY CLOSE lies on this distribution: 32% of detached houses are smaller than 11 ELY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

11 ELY CLOSE: Plot and Title Map

11 ELY CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 11 ELY 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 11 ELY 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 11 ELY CLOSE?

11 ELY CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 11 on ELY CLOSE.