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

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

5 WESTMINSTER DRIVE is a very large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £355,000 in March 2024, which was around 18% 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	£299,653	18% above HPI
2015 16 NOV	£265,000	£211,957	25% above HPI
2006 17 NOV	£248,000	£188,124	32% above HPI
2001 24 AUG	£129,500	£86,657	49% above HPI
2000 25 AUG	£120,500	£80,943	49% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

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 in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 5 WESTMINSTER DRIVE lies on this distribution: 86% of detached 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.