18, KING DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TZ - £125,000

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

18 KING DRIVE is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £125,000 in November 2011, which was around 31% below the average November 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

18 KING DRIVE Sold Prices

Land registry data shows six sales for 18 KING DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the six 18 KING 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
2011 4 NOV	£125,000	£180,290	31% below HPI
2009 13 FEB	£126,500	£164,170	23% below HPI
2004 20 AUG	£134,000	£171,818	22% below HPI
2002 26 APR	£81,000	£99,272	18% below HPI
2001 30 NOV	£76,000	£92,321	18% below HPI
2000 30 MAR	£68,250	£74,351	8% below HPI

18 KING 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 six 18 KING DRIVE sales between March 2000 and November 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 February 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 KING DRIVE?

18 KING DRIVE is 80m² according to the EPC inspection conducted in January 2012. 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 18 KING DRIVE lies on this distribution: 20% of detached houses are smaller than 18 KING DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

18 KING DRIVE: Plot and Title Map

18 KING DRIVE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 18 KING 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 18 KING 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 18 KING DRIVE?

18 KING DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 18 on KING DRIVE.