2, KING DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TZ - £195,000

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 KING DRIVE is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £195,000 in July 2016, which was around 13% below the average July 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2 KING DRIVE Sold Prices

Land registry data shows four sales for 2 KING DRIVE 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. two of the four 2 KING DRIVE sales were for below the average price, and four were 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
2016 1 JUL	£195,000	£223,262	13% below HPI
2005 30 SEP	£174,950	£178,724	2% below HPI
2002 19 JUN	£119,950	£105,024	14% above HPI
1999 25 JUN	£90,650	£70,048	29% above HPI

2 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 four 2 KING DRIVE sales between June 1999 and July 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 September 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 KING DRIVE?

2 KING DRIVE is 124m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 2 KING DRIVE lies on this distribution: 74% of detached houses are smaller than 2 KING DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

2 KING DRIVE: Plot and Title Map

2 KING DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 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 2 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 2 KING DRIVE?

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