3, APPIAN WAY, BRACEBRIDGE HEATH, LINCOLN, LN4 2UP - £220,000

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

3 APPIAN WAY is a midsized extended detached house of 99m², built sometime between 2003 and 2006. It was last sold for £220,000 in February 2019, which was around 14% below the average February 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

3 APPIAN WAY Sold Prices

Land registry data shows three sales for 3 APPIAN WAY 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. The three 3 APPIAN WAY sales were a mix of below the average price, and roughly equal to 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
2019 1 FEB	£220,000	£254,803	14% below HPI
2005 7 DEC	£148,000	£181,001	18% below HPI
2003 2 OCT	£148,300	£148,445	Close to HPI

3 APPIAN 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 three 3 APPIAN WAY sales between October 2003 and February 2019 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 December 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 APPIAN WAY?

3 APPIAN WAY is 99m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 3 APPIAN WAY lies on this distribution: 51% of detached houses are smaller than 3 APPIAN WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 APPIAN WAY: Plot and Title Map

3 APPIAN WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 3 APPIAN 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 3 APPIAN 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 3 APPIAN WAY?

3 APPIAN WAY is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 3 on APPIAN WAY.