3, STONELEA CLOSE, BRANSTON, LINCOLN, LN4 1UL - £109,000

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.

3 STONELEA CLOSE is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £188,859. It was last sold for £109,000 in June 2012, which was around 8% below the average June 2012 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

3 STONELEA CLOSE Sold Prices

Land registry data shows three sales for 3 STONELEA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 3 STONELEA CLOSE sales were for below the average price, whilst one was 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
2012 25 JUN	£109,000	£118,023	8% below HPI
1999 6 APR	£42,000	£42,944	2% below HPI
1996 26 APR	£41,500	£36,633	13% above HPI

3 STONELEA 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 three 3 STONELEA CLOSE sales between April 1996 and June 2012 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 April 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 STONELEA CLOSE be worth now?

3 STONELEA CLOSE might now be worth an estimated £188,859.

This is based on house price inflation of 73.3%, between June 2012 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 73.3% inflationary increase is applied to the most recent sale price for 3 STONELEA CLOSE of £109,000 on 25th June 2012. For the value to have increased from £109,000 to £188,859 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 3 STONELEA CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The June 2012 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STONELEA CLOSE has not materially changed since June 2012.

How Large is 3 STONELEA CLOSE?

3 STONELEA CLOSE is 58m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of semi-detached houses houses in Branston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Branston, and where 3 STONELEA CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 STONELEA CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Branston.

3 STONELEA CLOSE: Plot and Title Map

3 STONELEA CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 3 STONELEA 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 3 STONELEA 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 3 STONELEA CLOSE?

3 STONELEA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 3 on STONELEA CLOSE.