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

45 WELLS DRIVE is a small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £250,000 in February 2022, which was around 15% below the average February 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

45 WELLS DRIVE Sold Prices

Land registry data shows three sales for 45 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 45 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 4 FEB	£250,000	£295,180	15% below HPI
2019 20 NOV	£223,750	£258,911	14% below HPI
2001 21 DEC	£87,950	£92,995	5% below HPI

45 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 45 WELLS DRIVE sales between December 2001 and February 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 November 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 WELLS DRIVE?

45 WELLS DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 45 WELLS DRIVE lies on this distribution: 26% of detached houses are smaller than 45 WELLS DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

45 WELLS DRIVE: Plot and Title Map

45 WELLS DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 45 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 45 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 45 WELLS DRIVE?

45 WELLS DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 45 on WELLS DRIVE.