47, NORWICH DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TF - £152,250

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

47 NORWICH DRIVE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £152,250 in August 2012, which was around 15% below the average August 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

47 NORWICH DRIVE Sold Prices

Land registry data shows two sales for 47 NORWICH 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. One of the two 47 NORWICH DRIVE sales was for below the average price, whilst the other was 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
2012 22 AUG	£152,250	£180,072	15% below HPI
1998 2 JUN	£68,950	£67,587	2% above HPI

47 NORWICH 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 47 NORWICH DRIVE sales from June 1998 and August 2012 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 June 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 47 NORWICH DRIVE?

47 NORWICH DRIVE is 85m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% 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 47 NORWICH DRIVE lies on this distribution: 29% of detached houses are smaller than 47 NORWICH DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

47 NORWICH DRIVE: Plot and Title Map

47 NORWICH DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 47 NORWICH 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 47 NORWICH 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 47 NORWICH DRIVE?

47 NORWICH DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 47 on NORWICH DRIVE.