11, LANCASTER ROAD, BROOKENBY, MARKET RASEN, LN8 6HD - £285,000

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

11 LANCASTER ROAD is a small detached house of 121m², built sometime between 1930 and 1949. It was last sold for £285,000 in May 2022, which was around 4% above the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

11 LANCASTER ROAD Sold Prices

Land registry data shows three sales for 11 LANCASTER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 11 LANCASTER ROAD sales were for above the average price, whilst one was for below 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 MAY	£285,000	£272,750	4% above HPI
2018 12 JUN	£180,000	£221,675	19% below HPI
2011 30 AUG	£185,000	£176,024	5% above HPI

11 LANCASTER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 11 LANCASTER ROAD sales between August 2011 and May 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 11 LANCASTER ROAD?

11 LANCASTER ROAD is 121m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Brookenby, based on EPC data. The below chart shows the distribution of detached houses by size in Brookenby, and where 11 LANCASTER ROAD lies on this distribution: 20% of detached houses are smaller than 11 LANCASTER ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Brookenby.

11 LANCASTER ROAD: Plot and Title Map

11 LANCASTER ROAD sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 11 LANCASTER 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 11 LANCASTER 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 11 LANCASTER ROAD?

11 LANCASTER ROAD is located in BROOKENBY, in the LN8 postcode district. The below map shows the position of No. 11 on LANCASTER ROAD.