12B, ERMINE DRIVE, NAVENBY, LINCOLN, LN5 0HB - £220,000

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

12B ERMINE DRIVE is a very large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £220,000 in December 2011, which was around 22% above the average December 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

12B ERMINE DRIVE Sold Prices

Land registry data shows two sales for 12B ERMINE 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. Both of the two 12B 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
2011 1 DEC	£220,000	£180,192	22% above HPI
2006 25 OCT	£200,000	£189,977	5% above HPI

12B 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 two 12B ERMINE DRIVE sales from October 2006 and December 2011 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 October 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2011 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 12B ERMINE DRIVE?

12B ERMINE DRIVE is 144m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 12B ERMINE DRIVE lies on this distribution: 85% of detached houses are smaller than 12B ERMINE DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Navenby.

12B ERMINE DRIVE: Plot and Title Map

12B ERMINE DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 12B 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 12B 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 12B ERMINE DRIVE?

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