21, GLOUCESTER CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TB - £174,500

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 GLOUCESTER CLOSE is a very small extended terraced house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £172,590. It was last sold for £174,500 in September 2022, which was about the average September 2022 terraced price in the North Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

21 GLOUCESTER CLOSE Sold Prices

Land registry data shows six sales for 21 GLOUCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. The six 21 GLOUCESTER CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 2 SEP	£174,500	£173,644	Close to HPI
2020 27 NOV	£148,000	£142,034	4% above HPI
2014 14 NOV	£119,500	£112,617	6% above HPI
2007 6 JUL	£119,950	£113,418	6% above HPI
2007 29 JUN	£110,000	£111,215	1% below HPI
1998 30 DEC	£47,000	£34,556	36% above HPI

21 GLOUCESTER 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 six 21 GLOUCESTER CLOSE sales between December 1998 and September 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 November 2020 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 21 GLOUCESTER CLOSE be worth now?

21 GLOUCESTER CLOSE might now be worth an estimated £172,590.

This is based on house price deflation of 1.1%, between September 2022 and April 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 1.1% deflationary decrease is applied to the most recent sale price for 21 GLOUCESTER CLOSE of £174,500 on 2nd September 2022. For the value to have decreased from £174,500 to £172,590 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 21 GLOUCESTER CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The September 2022 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 21 GLOUCESTER CLOSE has not materially changed since September 2022.

How Large is 21 GLOUCESTER CLOSE?

21 GLOUCESTER CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 21 GLOUCESTER CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 21 GLOUCESTER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

21 GLOUCESTER CLOSE: Plot and Title Map

21 GLOUCESTER CLOSE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 21 GLOUCESTER 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 GLOUCESTER 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 GLOUCESTER CLOSE?

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