Braceby lies to the south of the A52 road, about 6 miles (10 km) east of the market town of Grantham.

[6] Many village buildings, especially those dating from the 16th and 17th century, are built in part of limestone quarried in the district, at places such as Ancaster.

By 1970 it was under 20, but a decision by the local landowners, the Welby family, to sell off empty and unwanted cottages led to some recovery and saved the church from closure.

[10] The 65 roadside nature reserves maintained by the Lincolnshire Wildlife Trust, under a local-government scheme dating back to 1960, include one that covers both verges of the Braceby–Walcot road south-east of the village.

[12] Livestock farming (cattle and sheep) in the village has largely given way to arable since the 1970s, but a small amount of permanent grazing remains.