1, ERMINE COURT, BRACEBRIDGE HEATH, LINCOLN, LN4 2UR - £205,000

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.

1 ERMINE COURT is a small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £246,864. It was last sold for £205,000 in November 2019, which was around 20% below the average November 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

1 ERMINE COURT Sold Prices

Land registry data shows three sales for 1 ERMINE COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 1 ERMINE COURT 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 1 NOV	£205,000	£255,632	20% below HPI
2007 16 MAR	£163,000	£189,955	14% below HPI
2005 11 FEB	£164,195	£170,405	4% below HPI

1 ERMINE COURT 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 three 1 ERMINE COURT sales between February 2005 and November 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 March 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 ERMINE COURT be worth now?

1 ERMINE COURT might now be worth an estimated £246,864.

This is based on house price inflation of 20.4%, between November 2019 and March 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 20.4% inflationary increase is applied to the most recent sale price for 1 ERMINE COURT of £205,000 on 1st November 2019. For the value to have increased from £205,000 to £246,864 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 1 ERMINE COURT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2019 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ERMINE COURT has not materially changed since November 2019.

How Large is 1 ERMINE COURT?

1 ERMINE COURT is 84m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 1 ERMINE COURT lies on this distribution: 27% of detached houses houses are smaller than 1 ERMINE COURT, and 72% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

1 ERMINE COURT: Plot and Title Map

1 ERMINE COURT sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 ERMINE COURT, 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 ERMINE COURT). 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 ERMINE COURT?

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