27, HONEYSUCKLE LANE, WRAGBY, MARKET RASEN, LN8 5AL - £219,000

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

27 HONEYSUCKLE LANE is a midsized detached house of 88m², built sometime from 2007 onwards. It was last sold for £219,000 in January 2022, which was around 18% below the average January 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

27 HONEYSUCKLE LANE Sold Prices

Land registry data shows two sales for 27 HONEYSUCKLE LANE 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 27 HONEYSUCKLE LANE 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
2022 31 JAN	£219,000	£266,197	18% below HPI
2008 19 SEP	£140,000	£176,143	21% below HPI

27 HONEYSUCKLE LANE 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 27 HONEYSUCKLE LANE sales from September 2008 and January 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 September 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 27 HONEYSUCKLE LANE?

27 HONEYSUCKLE LANE is 88m² according to the EPC inspection conducted in September 2020. 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 27 HONEYSUCKLE LANE lies on this distribution: 41% of detached houses are smaller than 27 HONEYSUCKLE LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Wragby.

27 HONEYSUCKLE LANE: Plot and Title Map

27 HONEYSUCKLE LANE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 27 HONEYSUCKLE LANE, 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 27 HONEYSUCKLE LANE). 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 27 HONEYSUCKLE LANE?

27 HONEYSUCKLE LANE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 27 on HONEYSUCKLE LANE.