9, NORFOLK CRESCENT, BRACEBRIDGE HEATH, LINCOLN, LN4 2ST - £228,000

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.

9 NORFOLK CRESCENT is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £347,144. It was last sold for £228,000 in May 2015, which was around 15% above the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

9 NORFOLK CRESCENT Sold Prices

Land registry data shows five sales for 9 NORFOLK CRESCENT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 9 NORFOLK CRESCENT 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 8 MAY	£228,000	£198,842	15% above HPI
2011 7 SEP	£196,000	£176,186	11% above HPI
2004 29 OCT	£216,000	£167,970	29% above HPI
2000 25 JUL	£79,950	£78,009	2% above HPI
1997 4 NOV	£72,500	£65,468	11% above HPI

9 NORFOLK CRESCENT 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 five 9 NORFOLK CRESCENT sales between November 1997 and May 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 September 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 9 NORFOLK CRESCENT be worth now?

9 NORFOLK CRESCENT might now be worth an estimated £347,144.

This is based on house price inflation of 52.3%, between May 2015 and February 2025, for 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 52.3% inflationary increase is applied to the most recent sale price for 9 NORFOLK CRESCENT of £228,000 on 8th May 2015. For the value to have increased from £228,000 to £347,144 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 9 NORFOLK CRESCENT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2015 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NORFOLK CRESCENT has not materially changed since May 2015.

How Large is 9 NORFOLK CRESCENT?

9 NORFOLK CRESCENT is 104m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 9 NORFOLK CRESCENT lies on this distribution: 54% of detached houses houses are smaller than 9 NORFOLK CRESCENT, and 46% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

9 NORFOLK CRESCENT: Plot and Title Map

9 NORFOLK CRESCENT sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 9 NORFOLK CRESCENT, 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 9 NORFOLK CRESCENT). 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 9 NORFOLK CRESCENT?

9 NORFOLK CRESCENT is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 9 on NORFOLK CRESCENT.