28, WATLING CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2BD - £143,500

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.

28 WATLING CLOSE is a midsized extended terraced house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £208,549. It was last sold for £143,500 in October 2015, which was around 24% above the average October 2015 terraced price in the North Kesteven local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

28 WATLING CLOSE Sold Prices

Land registry data shows three sales for 28 WATLING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the three 28 WATLING 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
2015 2 OCT	£143,500	£115,552	24% above HPI
2009 6 NOV	£125,000	£99,467	26% above HPI
2003 15 AUG	£137,450	£75,124	83% above HPI

28 WATLING 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 three 28 WATLING CLOSE sales between August 2003 and October 2015 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 2009 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 28 WATLING CLOSE be worth now?

28 WATLING CLOSE might now be worth an estimated £208,549.

This is based on house price inflation of 45.3%, between October 2015 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 45.3% inflationary increase is applied to the most recent sale price for 28 WATLING CLOSE of £143,500 on 2nd October 2015. For the value to have increased from £143,500 to £208,549 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 28 WATLING CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The October 2015 sale price of £143,500 represented a fair market value for the property.
• The size, condition, and specification of 28 WATLING CLOSE has not materially changed since October 2015.

How Large is 28 WATLING CLOSE?

28 WATLING CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% 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 28 WATLING CLOSE lies on this distribution: 42% of terraced houses houses are smaller than 28 WATLING CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

28 WATLING CLOSE: Plot and Title Map

28 WATLING CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 28 WATLING 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 28 WATLING 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 28 WATLING CLOSE?

28 WATLING CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 28 on WATLING CLOSE.