11, WELLS DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UE - £157,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 WELLS DRIVE is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £157,000 in April 2010, which was around 13% below the average April 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

11 WELLS DRIVE Sold Prices

Land registry data shows two sales for 11 WELLS DRIVE 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. One of the two 11 WELLS DRIVE sales was for below the average price, whilst the other was 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
2010 15 APR	£157,000	£180,035	13% below HPI
2001 29 JUN	£88,000	£84,634	4% above HPI

11 WELLS DRIVE 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 11 WELLS DRIVE sales from June 2001 and April 2010 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 June 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2010 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 11 WELLS DRIVE?

11 WELLS DRIVE is 80m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% 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 11 WELLS DRIVE lies on this distribution: 21% of detached houses are smaller than 11 WELLS DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

11 WELLS DRIVE: Plot and Title Map

11 WELLS DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 11 WELLS DRIVE, 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 11 WELLS DRIVE). 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 11 WELLS DRIVE?

11 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 11 on WELLS DRIVE.