8, VERONICA CLOSE, BRANSTON, LINCOLN, LN4 1PU - £220,000

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.

8 VERONICA CLOSE is a midsized semi-detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £237,306. It was last sold for £220,000 in February 2022, which was around 16% above the average February 2022 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

8 VERONICA CLOSE Sold Prices

Land registry data shows two sales for 8 VERONICA 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. One of the two 8 VERONICA CLOSE sales was for above the average price, whilst the other was 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
2022 18 FEB	£220,000	£189,580	16% above HPI
2001 3 SEP	£20,750	£54,049	62% below HPI

8 VERONICA 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 8 VERONICA CLOSE sales from September 2001 and February 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 September 2001 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the February 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 VERONICA CLOSE be worth now?

8 VERONICA CLOSE might now be worth an estimated £237,306.

This is based on house price inflation of 7.9%, between February 2022 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 7.9% inflationary increase is applied to the most recent sale price for 8 VERONICA CLOSE of £220,000 on 18th February 2022. For the value to have increased from £220,000 to £237,306 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 VERONICA CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The February 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VERONICA CLOSE has not materially changed since February 2022.

How Large is 8 VERONICA CLOSE?

8 VERONICA CLOSE is 96m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% 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 8 VERONICA CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 8 VERONICA CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Branston.

8 VERONICA CLOSE: Plot and Title Map

8 VERONICA CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 8 VERONICA 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 8 VERONICA 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 8 VERONICA CLOSE?

8 VERONICA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 8 on VERONICA CLOSE.