4, RILEY CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2QS - £195,000

4 RILEY CLOSE is a midsized extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £195,000 in May 2019, which was around 22% below the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

4 RILEY CLOSE Sold Prices

Land registry data shows two sales for 4 RILEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 4 RILEY CLOSE sales were for 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
2019 17 MAY	£195,000	£250,696	22% below HPI
2002 2 MAY	£92,000	£101,539	9% below HPI

4 RILEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 4 RILEY CLOSE sales from May 2002 and May 2019 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 May 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 RILEY CLOSE?

4 RILEY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 4 RILEY CLOSE lies on this distribution: 40% of detached houses are smaller than 4 RILEY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

4 RILEY CLOSE: Plot and Title Map

4 RILEY CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 4 RILEY 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 4 RILEY 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 4 RILEY CLOSE?

4 RILEY CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 4 on RILEY CLOSE.