23, SWALLOW DRIVE, WRAGBY, MARKET RASEN, LN8 5BA - £225,000

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

23 SWALLOW DRIVE is a midsized detached house of 90m², built sometime between 2003 and 2006. It was last sold for £225,000 in October 2023, which was around 19% below the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

23 SWALLOW DRIVE Sold Prices

Land registry data shows two sales for 23 SWALLOW DRIVE 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. One of the two 23 SWALLOW DRIVE sales was for below the average price, whilst the other 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
2023 13 OCT	£225,000	£276,737	19% below HPI
2004 9 DEC	£173,250	£169,725	2% above HPI

23 SWALLOW DRIVE 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 23 SWALLOW DRIVE sales from December 2004 and October 2023 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 December 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 23 SWALLOW DRIVE?

23 SWALLOW DRIVE is 90m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 23 SWALLOW DRIVE lies on this distribution: 46% of detached houses are smaller than 23 SWALLOW DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wragby.

23 SWALLOW DRIVE: Plot and Title Map

23 SWALLOW DRIVE sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of 23 SWALLOW DRIVE, 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 23 SWALLOW DRIVE). 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 23 SWALLOW DRIVE?

23 SWALLOW DRIVE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 23 on SWALLOW DRIVE.