2, MILL VIEW ROAD, WRAGBY, MARKET RASEN, LN8 5RG - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILL VIEW ROAD is a very large detached house of 122m², built sometime between 1976 and 1982. It was last sold for £165,000 in June 2015, which was around 8% below the average June 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

2 MILL VIEW ROAD Sold Prices

Land registry data shows four sales for 2 MILL VIEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 2 MILL VIEW ROAD sales were 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
2015 30 JUN	£165,000	£180,157	8% below HPI
2005 21 OCT	£165,000	£176,098	6% below HPI
1998 16 OCT	£61,000	£64,551	6% below HPI
1997 7 JUL	£57,950	£60,466	4% below HPI

2 MILL VIEW 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 four 2 MILL VIEW ROAD sales between July 1997 and June 2015 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 October 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 MILL VIEW ROAD?

2 MILL VIEW ROAD is 122m² according to the EPC inspection conducted in February 2015. 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 2 MILL VIEW ROAD lies on this distribution: 82% of detached houses are smaller than 2 MILL VIEW ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Wragby.

2 MILL VIEW ROAD: Plot and Title Map

2 MILL VIEW ROAD sits on a plot of roughly 0.133 of an acre, or 536m². The below map shows the location of 2 MILL VIEW 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 2 MILL VIEW 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 2 MILL VIEW ROAD?

2 MILL VIEW ROAD is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 2 on MILL VIEW ROAD.