31, HOLMES WAY, WRAGBY, MARKET RASEN, LN8 5PS - £260,000

31 HOLMES WAY is a small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £260,000 in December 2022, which was around 9% below the average December 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

31 HOLMES WAY Sold Prices

Land registry data shows three sales for 31 HOLMES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 31 HOLMES WAY sales were for below the average price, whilst one was 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
2022 21 DEC	£260,000	£286,923	9% below HPI
2020 5 AUG	£230,000	£219,742	5% above HPI
2004 1 SEP	£161,500	£163,555	1% below HPI

31 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 three 31 HOLMES WAY sales between September 2004 and December 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 August 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 31 HOLMES WAY?

31 HOLMES WAY is 81m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 31 HOLMES WAY lies on this distribution: 30% of detached houses are smaller than 31 HOLMES WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Wragby.

31 HOLMES WAY: Plot and Title Map

31 HOLMES WAY sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 31 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 31 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 31 HOLMES WAY?

31 HOLMES WAY is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 31 on HOLMES WAY.