15, WELLS DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UE - £154,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

15 WELLS DRIVE is a midsized detached house of 94m², built sometime between 1996 and 2002. It was last sold for £154,000 in August 2004, which was around 10% below the average August 2004 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

15 WELLS DRIVE Sold Prices

Land registry data shows two sales for 15 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. Both of the two 15 WELLS DRIVE 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
2004 31 AUG	£154,000	£171,818	10% below HPI
2001 29 JUN	£83,750	£84,634	1% below HPI

15 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 15 WELLS DRIVE sales from June 2001 and August 2004 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2004 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 15 WELLS DRIVE?

15 WELLS DRIVE is 94m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% 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 15 WELLS DRIVE lies on this distribution: 45% of detached houses are smaller than 15 WELLS DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

15 WELLS DRIVE: Plot and Title Map

15 WELLS DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 15 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 15 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 15 WELLS DRIVE?

15 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 15 on WELLS DRIVE.