2, CARDYKE WAY, BRACEBRIDGE HEATH, LINCOLN, LN4 2SY - £115,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CARDYKE WAY is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £294,857. It was last sold for £115,000 in October 2002, which was around 3% below the average October 2002 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

2 CARDYKE WAY Sold Prices

Land registry data shows two sales for 2 CARDYKE WAY 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 2 CARDYKE WAY 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
2002 18 OCT	£115,000	£118,078	3% below HPI
1996 28 JUN	£69,950	£61,316	14% above HPI

2 CARDYKE WAY 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 2 CARDYKE WAY sales from June 1996 and October 2002 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 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2002 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 CARDYKE WAY be worth now?

2 CARDYKE WAY might now be worth an estimated £294,857.

This is based on house price inflation of 156.4%, between October 2002 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 156.4% inflationary increase is applied to the most recent sale price for 2 CARDYKE WAY of £115,000 on 18th October 2002. For the value to have increased from £115,000 to £294,857 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 CARDYKE WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2002 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CARDYKE WAY has not materially changed since October 2002.

How Large is 2 CARDYKE WAY?

2 CARDYKE WAY is 77m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 2 CARDYKE WAY lies on this distribution: 17% of detached houses houses are smaller than 2 CARDYKE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 CARDYKE WAY: Plot and Title Map

2 CARDYKE WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 CARDYKE WAY, 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 2 CARDYKE WAY). 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 2 CARDYKE WAY?

2 CARDYKE WAY is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 2 on CARDYKE WAY.