20, WELLS DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UE - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 WELLS DRIVE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £130,000 in October 2011, which was around 28% below the average October 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

20 WELLS DRIVE Sold Prices

Land registry data shows three sales for 20 WELLS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 20 WELLS 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
2011 28 OCT	£130,000	£181,253	28% below HPI
2010 29 JUL	£138,000	£184,040	25% below HPI
2001 29 JUN	£68,950	£84,634	19% below HPI

20 WELLS 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 three 20 WELLS DRIVE sales between June 2001 and October 2011 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 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 20 WELLS DRIVE?

20 WELLS DRIVE is 75m² according to the EPC inspection conducted in February 2010. 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 20 WELLS DRIVE lies on this distribution: 13% of detached houses are smaller than 20 WELLS DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

20 WELLS DRIVE: Plot and Title Map

20 WELLS DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 20 WELLS 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 20 WELLS 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 20 WELLS DRIVE?

20 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 20 on WELLS DRIVE.