1, BROADWAY, BRACEBRIDGE HEATH, LINCOLN, LN4 2NS - £155,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BROADWAY is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £155,000 in September 2006, which was around 17% below the average September 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was A, and the potential energy rating was A.

1 BROADWAY Sold Prices

Land registry data shows four sales for 1 BROADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 1 BROADWAY 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
2006 1 SEP	£155,000	£187,600	17% below HPI
2001 30 MAR	£57,000	£81,593	30% below HPI
2000 21 JUN	£58,000	£77,389	25% below HPI
1999 11 JUN	£59,000	£70,048	16% below HPI

1 BROADWAY 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 four 1 BROADWAY sales between June 1999 and September 2006 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 March 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2006 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 BROADWAY?

1 BROADWAY is 77m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% 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 1 BROADWAY lies on this distribution: 16% of detached houses are smaller than 1 BROADWAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

1 BROADWAY: Plot and Title Map

1 BROADWAY sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 1 BROADWAY, 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 1 BROADWAY). 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 1 BROADWAY?

1 BROADWAY is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 1 on BROADWAY.