34, WELLS DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UE - £145,125

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 WELLS DRIVE is a small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £222,487. It was last sold for £145,125 in October 2007, which was around 27% below the average October 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

34 WELLS DRIVE Sold Prices

Land registry data shows three sales for 34 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 34 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
2007 5 OCT	£145,125	£197,479	27% below HPI
2004 22 DEC	£134,000	£170,439	21% below HPI
2001 31 AUG	£71,000	£85,560	17% below HPI

34 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 34 WELLS DRIVE sales between August 2001 and October 2007 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2007 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 34 WELLS DRIVE be worth now?

34 WELLS DRIVE might now be worth an estimated £222,487.

This is based on house price inflation of 53.3%, between October 2007 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.3% inflationary increase is applied to the most recent sale price for 34 WELLS DRIVE of £145,125 on 5th October 2007. For the value to have increased from £145,125 to £222,487 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 34 WELLS DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2007 sale price of £145,125 represented a fair market value for the property.
• The size, condition, and specification of 34 WELLS DRIVE has not materially changed since October 2007.

How Large is 34 WELLS DRIVE?

34 WELLS DRIVE is 83m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 34 WELLS DRIVE lies on this distribution: 25% of detached houses houses are smaller than 34 WELLS DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

34 WELLS DRIVE: Plot and Title Map

34 WELLS DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 34 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 34 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 34 WELLS DRIVE?

34 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 34 on WELLS DRIVE.