8, STANE DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UL - £315,000

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 STANE DRIVE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2022, which was around 2% below the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

8 STANE DRIVE Sold Prices

Land registry data shows four sales for 8 STANE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The four 8 STANE DRIVE sales were a mix of below the average price, and roughly equal to 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
2022 3 OCT	£315,000	£322,721	2% below HPI
2021 23 APR	£260,000	£273,517	5% below HPI
2017 27 OCT	£220,000	£236,827	7% below HPI
2002 30 AUG	£113,500	£113,817	Close to HPI

8 STANE 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 four 8 STANE DRIVE sales between August 2002 and October 2022 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 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 STANE DRIVE?

8 STANE DRIVE is 119m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 8 STANE DRIVE lies on this distribution: 71% of detached houses are smaller than 8 STANE DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

8 STANE DRIVE: Plot and Title Map

8 STANE DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 STANE 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 STANE 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 STANE DRIVE?

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