5, NORWICH DRIVE, BRACEBRIDGE HEATH, LINCOLN, LN4 2TF - £298,000

5 NORWICH DRIVE is a midsized extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £298,000 in September 2022, which was around 7% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

5 NORWICH DRIVE Sold Prices

Land registry data shows five sales for 5 NORWICH 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. The five 5 NORWICH 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 20 SEP	£298,000	£322,071	7% below HPI
2009 8 JUN	£145,000	£170,844	15% below HPI
2003 11 DEC	£30,750	£154,126	80% below HPI
2002 28 MAR	£90,500	£98,131	8% below HPI
1997 23 MAY	£65,250	£65,115	Close to HPI

5 NORWICH 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 5 NORWICH DRIVE sales between May 1997 and September 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 June 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 NORWICH DRIVE?

5 NORWICH DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in July 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 5 NORWICH DRIVE lies on this distribution: 43% of detached houses are smaller than 5 NORWICH DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 NORWICH DRIVE: Plot and Title Map

5 NORWICH DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 NORWICH 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 5 NORWICH 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 5 NORWICH DRIVE?

5 NORWICH DRIVE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 5 on NORWICH DRIVE.