23, MEDLAND DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2FS - £326,000

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

23 MEDLAND DRIVE is a very large detached house of 139m². It was last sold for £326,000 in September 2020, which was around 24% above the average September 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

23 MEDLAND DRIVE Sold Prices

Land registry data shows two sales for 23 MEDLAND 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 23 MEDLAND DRIVE sales 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
2020 11 SEP	£326,000	£262,930	24% above HPI
2017 13 SEP	£320,000	£234,209	37% above HPI

23 MEDLAND 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 23 MEDLAND DRIVE sales from September 2017 and September 2020 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 2017 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 23 MEDLAND DRIVE?

23 MEDLAND DRIVE is 139m² according to the EPC inspection conducted in September 2017. This puts it in the largest 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 23 MEDLAND DRIVE lies on this distribution: 85% of detached houses are smaller than 23 MEDLAND DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

23 MEDLAND DRIVE: Plot and Title Map

23 MEDLAND DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 23 MEDLAND 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 23 MEDLAND 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 23 MEDLAND DRIVE?

23 MEDLAND DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 23 on MEDLAND DRIVE.