46, ERMINE DRIVE, NAVENBY, LINCOLN, LN5 0HB - £248,000

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

46 ERMINE DRIVE is a large detached house of 116m², built sometime between 1983 and 1990. It was last sold for £248,000 in October 2018, which was around 3% below the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

46 ERMINE DRIVE Sold Prices

Land registry data shows three sales for 46 ERMINE 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 46 ERMINE 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
2018 29 OCT	£248,000	£255,395	3% below HPI
2011 16 FEB	£168,000	£184,104	9% below HPI
2007 23 MAY	£165,000	£195,404	16% below HPI

46 ERMINE 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 46 ERMINE DRIVE sales between May 2007 and October 2018 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 February 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 46 ERMINE DRIVE?

46 ERMINE DRIVE is 116m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 46 ERMINE DRIVE lies on this distribution: 61% of detached houses are smaller than 46 ERMINE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Navenby.

46 ERMINE DRIVE: Plot and Title Map

46 ERMINE DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 46 ERMINE 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 46 ERMINE 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 46 ERMINE DRIVE?

46 ERMINE DRIVE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 46 on ERMINE DRIVE.