1, HORNCASTLE ROAD, WRAGBY, MARKET RASEN, LN8 5RB - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HORNCASTLE ROAD is a very large extended detached house of 177m², built sometime before 1900. It was last sold for £245,000 in January 2013, which was around 57% above the average January 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2014, where the current energy rating was F, and the potential energy rating was D.

1 HORNCASTLE ROAD Sold Prices

Land registry data shows two sales for 1 HORNCASTLE ROAD 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 1 HORNCASTLE ROAD 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
2013 18 JAN	£245,000	£155,908	57% above HPI
2006 22 AUG	£249,995	£176,973	41% above HPI

1 HORNCASTLE ROAD 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 1 HORNCASTLE ROAD sales from August 2006 and January 2013 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 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2013 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 1 HORNCASTLE ROAD?

1 HORNCASTLE ROAD is 177m², which includes three extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 1 HORNCASTLE ROAD lies on this distribution: 95% of detached houses are smaller than 1 HORNCASTLE ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Wragby.

1 HORNCASTLE ROAD: Plot and Title Map

1 HORNCASTLE ROAD sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of 1 HORNCASTLE ROAD, 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 1 HORNCASTLE ROAD). 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 1 HORNCASTLE ROAD?

1 HORNCASTLE ROAD is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 1 on HORNCASTLE ROAD.