21, DURHAM CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TN - £120,000

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.

21 DURHAM CLOSE is a very small semi-detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £210,843. It was last sold for £120,000 in September 2005, which was around 3% above the average September 2005 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

21 DURHAM CLOSE Sold Prices

Land registry data shows two sales for 21 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 21 DURHAM 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
2005 9 SEP	£120,000	£116,386	3% above HPI
1999 25 FEB	£56,950	£43,496	31% above HPI

21 DURHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 21 DURHAM CLOSE sales from February 1999 and September 2005 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 February 1999 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2005 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 21 DURHAM CLOSE be worth now?

21 DURHAM CLOSE might now be worth an estimated £210,843.

This is based on house price inflation of 75.7%, between September 2005 and May 2026, for semi-detached 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 75.7% inflationary increase is applied to the most recent sale price for 21 DURHAM CLOSE of £120,000 on 9th September 2005. For the value to have increased from £120,000 to £210,843 over the 21 years and four months to May 2026, the following assumptions must hold true:

• The value of 21 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The September 2005 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 21 DURHAM CLOSE has not materially changed since September 2005.

How Large is 21 DURHAM CLOSE?

21 DURHAM CLOSE is 77m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of semi-detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bracebridge Heath, and where 21 DURHAM CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 21 DURHAM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

21 DURHAM CLOSE: Plot and Title Map

21 DURHAM CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 21 DURHAM 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 21 DURHAM 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 21 DURHAM CLOSE?

21 DURHAM CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 21 on DURHAM CLOSE.