12, MAREHAM CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2SZ - £148,000

12 MAREHAM CLOSE is a very small extended semi-detached house of 69m², built sometime between 1996 and 2002. It was last sold for £148,000 in November 2018, which was around 42% below the average November 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

12 MAREHAM CLOSE Sold Prices

Land registry data shows seven sales for 12 MAREHAM CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the seven 12 MAREHAM 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
2018 30 NOV	£148,000	£256,562	42% below HPI
2006 20 OCT	£125,000	£189,977	34% below HPI
2004 11 NOV	£60,000	£170,385	65% below HPI
2002 18 JUN	£35,500	£105,024	66% below HPI
2001 26 APR	£58,000	£80,833	28% below HPI
1999 8 OCT	£48,000	£72,445	34% below HPI
1997 14 FEB	£57,450	£62,735	8% below HPI

12 MAREHAM 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 seven 12 MAREHAM CLOSE sales between February 1997 and November 2018 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 October 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 MAREHAM CLOSE?

12 MAREHAM CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 12 MAREHAM CLOSE lies on this distribution: 5% of detached houses are smaller than 12 MAREHAM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

12 MAREHAM CLOSE: Plot and Title Map

12 MAREHAM CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 12 MAREHAM 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 12 MAREHAM 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 12 MAREHAM CLOSE?

12 MAREHAM CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 12 on MAREHAM CLOSE.