2, ERMINE COURT, BRACEBRIDGE HEATH, LINCOLN, LN4 2UR - £181,000

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

2 ERMINE COURT is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £181,000 in August 2016, which was around 20% below the average August 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

2 ERMINE COURT Sold Prices

Land registry data shows four sales for 2 ERMINE COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 2 ERMINE COURT 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
2016 31 AUG	£181,000	£226,354	20% below HPI
2006 14 JUL	£157,000	£181,714	14% below HPI
2006 4 MAY	£155,000	£181,429	15% below HPI
2004 28 OCT	£165,000	£170,125	3% below HPI

2 ERMINE COURT 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 four 2 ERMINE COURT sales between October 2004 and August 2016 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 July 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 ERMINE COURT?

2 ERMINE COURT is 86m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% 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 2 ERMINE COURT lies on this distribution: 31% of detached houses are smaller than 2 ERMINE COURT, and 67% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 ERMINE COURT: Plot and Title Map

2 ERMINE COURT sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 ERMINE COURT, 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 ERMINE COURT). 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 ERMINE COURT?

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