5, WESTMINSTER DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UD - £355,000

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.

5 WESTMINSTER DRIVE is a very large extended detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £369,231. It was last sold for £355,000 in March 2024, which was around 22% above the average March 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

5 WESTMINSTER DRIVE Sold Prices

Land registry data shows five sales for 5 WESTMINSTER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 5 WESTMINSTER DRIVE sales were 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
2024 7 MAR	£355,000	£291,080	22% above HPI
2015 16 NOV	£265,000	£209,272	27% above HPI
2006 17 NOV	£248,000	£185,742	34% above HPI
2001 24 AUG	£129,500	£85,560	51% above HPI
2000 25 AUG	£120,500	£79,917	51% above HPI

5 WESTMINSTER 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 five 5 WESTMINSTER DRIVE sales between August 2000 and March 2024 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 November 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2024 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 WESTMINSTER DRIVE be worth now?

5 WESTMINSTER DRIVE might now be worth an estimated £369,231.

This is based on house price inflation of 4%, between March 2024 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 4% inflationary increase is applied to the most recent sale price for 5 WESTMINSTER DRIVE of £355,000 on 7th March 2024. For the value to have increased from £355,000 to £369,231 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 5 WESTMINSTER DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2024 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WESTMINSTER DRIVE has not materially changed since March 2024.

How Large is 5 WESTMINSTER DRIVE?

5 WESTMINSTER DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% 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 5 WESTMINSTER DRIVE lies on this distribution: 86% of detached houses houses are smaller than 5 WESTMINSTER DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 WESTMINSTER DRIVE: Plot and Title Map

5 WESTMINSTER DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 5 WESTMINSTER 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 5 WESTMINSTER 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 5 WESTMINSTER DRIVE?

5 WESTMINSTER DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 5 on WESTMINSTER DRIVE.