7, CARDYKE WAY, BRACEBRIDGE HEATH, LINCOLN, LN4 2SY - £262,500

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.

7 CARDYKE WAY is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £257,465. It was last sold for £262,500 in February 2023, which was around 15% below the average February 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2023, where the current energy rating was B, and the potential energy rating was B.

7 CARDYKE WAY Sold Prices

Land registry data shows seven sales for 7 CARDYKE WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the seven 7 CARDYKE WAY 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
2023 22 FEB	£262,500	£308,670	15% below HPI
2017 19 APR	£175,000	£233,136	25% below HPI
2011 27 JUL	£155,000	£179,060	13% below HPI
2005 12 AUG	£140,000	£178,974	22% below HPI
2001 2 NOV	£82,500	£91,151	9% below HPI
2001 1 AUG	£78,000	£85,560	9% below HPI
1999 29 JAN	£71,625	£69,396	3% above HPI

7 CARDYKE WAY 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 seven 7 CARDYKE WAY sales between January 1999 and February 2023 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 April 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 CARDYKE WAY be worth now?

7 CARDYKE WAY might now be worth an estimated £257,465.

This is based on house price deflation of 1.9%, between February 2023 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 1.9% deflationary decrease is applied to the most recent sale price for 7 CARDYKE WAY of £262,500 on 22nd February 2023. For the value to have decreased from £262,500 to £257,465 over the two years to February 2025, the following assumptions must hold true:

• The value of 7 CARDYKE WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2023 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CARDYKE WAY has not materially changed since February 2023.

How Large is 7 CARDYKE WAY?

7 CARDYKE WAY is 72m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% 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 7 CARDYKE WAY lies on this distribution: 10% of detached houses houses are smaller than 7 CARDYKE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

7 CARDYKE WAY: Plot and Title Map

7 CARDYKE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 CARDYKE WAY, 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 7 CARDYKE WAY). 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 7 CARDYKE WAY?

7 CARDYKE WAY is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 7 on CARDYKE WAY.