12A, ERMINE DRIVE, NAVENBY, LINCOLN, LN5 0HB - £265,000

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

12A ERMINE DRIVE is a large detached house of 124m², built sometime between 2003 and 2006. It was last sold for £265,000 in May 2017, which was around 11% above the average May 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

12A ERMINE DRIVE Sold Prices

Land registry data shows three sales for 12A ERMINE DRIVE 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 12A ERMINE DRIVE 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
2017 30 MAY	£265,000	£237,856	11% above HPI
2012 27 JUL	£200,000	£179,029	12% above HPI
2005 22 DEC	£193,750	£181,001	7% above HPI

12A ERMINE 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 three 12A ERMINE DRIVE sales between December 2005 and May 2017 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 July 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 12A ERMINE DRIVE?

12A ERMINE DRIVE is 124m² according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 12A ERMINE DRIVE lies on this distribution: 70% of detached houses are smaller than 12A ERMINE DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Navenby.

12A ERMINE DRIVE: Plot and Title Map

12A ERMINE DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 12A ERMINE 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 12A ERMINE 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 12A ERMINE DRIVE?

12A ERMINE DRIVE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 12A on ERMINE DRIVE.