8, REDHALL DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2JS - £184,950

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

8 REDHALL DRIVE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £184,950 in July 2017, which was around 22% below the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

8 REDHALL DRIVE Sold Prices

Land registry data shows two sales for 8 REDHALL 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. Both of the two 8 REDHALL 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
2017 3 JUL	£184,950	£237,927	22% below HPI
2012 3 AUG	£120,000	£180,072	33% below HPI

8 REDHALL 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 8 REDHALL DRIVE sales from August 2012 and July 2017 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 August 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 REDHALL DRIVE?

8 REDHALL DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 8 REDHALL DRIVE lies on this distribution: 17% of detached houses are smaller than 8 REDHALL DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

8 REDHALL DRIVE: Plot and Title Map

8 REDHALL DRIVE sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 8 REDHALL 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 8 REDHALL 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 8 REDHALL DRIVE?

8 REDHALL DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 8 on REDHALL DRIVE.