36, WELLS DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UE - £240,500

36 WELLS DRIVE is a small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £240,500 in September 2021, which was around 15% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

36 WELLS DRIVE Sold Prices

Land registry data shows five sales for 36 WELLS 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 36 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
2021 17 SEP	£240,500	£281,947	15% below HPI
2015 17 AUG	£183,000	£208,390	12% below HPI
2012 25 JUN	£153,000	£181,952	16% below HPI
2006 24 FEB	£137,500	£174,524	21% below HPI
2001 28 SEP	£84,250	£89,607	6% below HPI

36 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 five 36 WELLS DRIVE sales between September 2001 and September 2021 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 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 36 WELLS DRIVE?

36 WELLS DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 36 WELLS DRIVE lies on this distribution: 29% of detached houses are smaller than 36 WELLS DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

36 WELLS DRIVE: Plot and Title Map

36 WELLS DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 36 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 36 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 36 WELLS DRIVE?

36 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 36 on WELLS DRIVE.