3, ERMINE COURT, BRACEBRIDGE HEATH, LINCOLN, LN4 2UR - £310,000

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

3 ERMINE COURT is a midsized extended detached house of 98m², built sometime between 2003 and 2006. It was last sold for £310,000 in September 2022, which was around 4% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 ERMINE COURT Sold Prices

Land registry data shows four sales for 3 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. Most of the four 3 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
2022 2 SEP	£310,000	£322,157	4% below HPI
2009 11 DEC	£150,000	£181,435	17% below HPI
2009 15 SEP	£168,000	£177,635	5% below HPI
2004 24 SEP	£177,500	£168,856	5% above HPI

3 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 3 ERMINE COURT sales between September 2004 and September 2022 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 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 ERMINE COURT?

3 ERMINE COURT is 98m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 ERMINE COURT lies on this distribution: 50% of detached houses are smaller than 3 ERMINE COURT, and 49% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 ERMINE COURT: Plot and Title Map

3 ERMINE COURT sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 3 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 3 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 3 ERMINE COURT?

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