2, THE BRAMBLES, MARKET RASEN, LN8 3NS - £145,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

2 THE BRAMBLES is a small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £145,000 in June 2015, which was around 23% below the average June 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE BRAMBLES Sold Prices

Land registry data shows two sales for 2 THE BRAMBLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 2 THE BRAMBLES 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 12 JUN	£145,000	£188,193	23% below HPI
2005 24 MAR	£154,950	£168,187	8% below HPI

2 THE BRAMBLES 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 two 2 THE BRAMBLES sales from March 2005 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 March 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 THE BRAMBLES?

2 THE BRAMBLES is 84m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 2 THE BRAMBLES lies on this distribution: 20% of detached houses are smaller than 2 THE BRAMBLES, and 79% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

2 THE BRAMBLES: Plot and Title Map

2 THE BRAMBLES sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 2 THE BRAMBLES, 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 THE BRAMBLES). 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 THE BRAMBLES?

2 THE BRAMBLES is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 2 on THE BRAMBLES.