18, NORWICH DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TF - £172,000

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 NORWICH DRIVE is a midsized detached house of 95m², built sometime between 1996 and 2002. It was last sold for £172,000 in June 2014, which was around 13% below the average June 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

18 NORWICH DRIVE Sold Prices

Land registry data shows two sales for 18 NORWICH 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 18 NORWICH 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
2014 26 JUN	£172,000	£197,218	13% below HPI
1997 28 FEB	£71,000	£62,735	13% above HPI

18 NORWICH 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 18 NORWICH DRIVE sales from February 1997 and June 2014 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 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 NORWICH DRIVE?

18 NORWICH DRIVE is 95m² according to the EPC inspection conducted in April 2014. 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 18 NORWICH DRIVE lies on this distribution: 46% of detached houses are smaller than 18 NORWICH DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

18 NORWICH DRIVE: Plot and Title Map

18 NORWICH DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 18 NORWICH 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 NORWICH 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 NORWICH DRIVE?

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