19, MAREHAM CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2SZ - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

19 MAREHAM CLOSE is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £189,674. It was last sold for £150,000 in May 2020, which was around 13% above the average May 2020 terraced price in the North Kesteven local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

19 MAREHAM CLOSE Sold Prices

Land registry data shows four sales for 19 MAREHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the four 19 MAREHAM 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
2020 4 MAY	£150,000	£132,806	13% above HPI
2019 31 JAN	£142,500	£136,487	4% above HPI
2000 1 SEP	£47,750	£39,843	20% above HPI
1996 6 SEP	£41,750	£31,681	32% above HPI

19 MAREHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The four 19 MAREHAM CLOSE sales between September 1996 and May 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 January 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 19 MAREHAM CLOSE be worth now?

19 MAREHAM CLOSE might now be worth an estimated £189,674.

This is based on house price inflation of 26.4%, between May 2020 and May 2026, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 19 MAREHAM CLOSE of £150,000 on 4th May 2020. For the value to have increased from £150,000 to £189,674 over the six years to May 2026, the following assumptions must hold true:

• The value of 19 MAREHAM CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The May 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 19 MAREHAM CLOSE has not materially changed since May 2020.

How Large is 19 MAREHAM CLOSE?

19 MAREHAM CLOSE is 54m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bracebridge Heath, and where 19 MAREHAM CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 19 MAREHAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

19 MAREHAM CLOSE: Plot and Title Map

19 MAREHAM CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 19 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 19 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 19 MAREHAM CLOSE?

19 MAREHAM CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 19 on MAREHAM CLOSE.