18, WELLS DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UE - £250,000

18 WELLS DRIVE is a midsized extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2022, which was around 21% below the average August 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

18 WELLS DRIVE Sold Prices

Land registry data shows three sales for 18 WELLS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 18 WELLS 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
2022 17 AUG	£250,000	£316,813	21% below HPI
2003 12 SEP	£122,500	£148,143	17% below HPI
2001 29 JUN	£69,000	£84,634	18% below HPI

18 WELLS 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 three 18 WELLS DRIVE sales between June 2001 and August 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 September 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 WELLS DRIVE?

18 WELLS DRIVE is 96m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% 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 18 WELLS DRIVE lies on this distribution: 49% of detached houses are smaller than 18 WELLS DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

18 WELLS DRIVE: Plot and Title Map

18 WELLS DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 18 WELLS 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 18 WELLS 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 18 WELLS DRIVE?

18 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 18 on WELLS DRIVE.