19, REDHALL DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2JT - £245,000

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

19 REDHALL DRIVE is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £245,000 in July 2023, which was around 20% below the average July 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

19 REDHALL DRIVE Sold Prices

Land registry data shows two sales for 19 REDHALL 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 19 REDHALL 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
2023 6 JUL	£245,000	£306,567	20% below HPI
1996 21 AUG	£38,000	£62,821	40% below HPI

19 REDHALL 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 19 REDHALL DRIVE sales from August 1996 and July 2023 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 August 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 19 REDHALL DRIVE?

19 REDHALL DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 19 REDHALL DRIVE lies on this distribution: 11% of detached houses are smaller than 19 REDHALL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

19 REDHALL DRIVE: Plot and Title Map

19 REDHALL DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 19 REDHALL 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 19 REDHALL 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 19 REDHALL DRIVE?

19 REDHALL DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 19 on REDHALL DRIVE.