12, HOLMES WAY, WRAGBY, MARKET RASEN, LN8 5PS - £199,000

12 HOLMES WAY is a very large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £199,000 in May 2014, which was around 15% above the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was D.

12 HOLMES WAY Sold Prices

Land registry data shows two sales for 12 HOLMES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 12 HOLMES WAY sales were for above 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
2014 22 MAY	£199,000	£172,441	15% above HPI
2001 4 JUN	£124,000	£82,504	50% above HPI

12 HOLMES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 12 HOLMES WAY sales from June 2001 and May 2014 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 2001 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 12 HOLMES WAY?

12 HOLMES WAY is 138m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 12 HOLMES WAY lies on this distribution: 87% of detached houses are smaller than 12 HOLMES WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Wragby.

12 HOLMES WAY: Plot and Title Map

12 HOLMES WAY sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 12 HOLMES WAY, 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 12 HOLMES WAY). 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 12 HOLMES WAY?

12 HOLMES WAY is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 12 on HOLMES WAY.