3, SALISBURY AVENUE, BROOKENBY, MARKET RASEN, LN8 6EZ - £270,000

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

3 SALISBURY AVENUE is a midsized detached house of 131m², built sometime between 1950 and 1966. It was last sold for £270,000 in August 2022, which was around 7% below the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 SALISBURY AVENUE Sold Prices

Land registry data shows three sales for 3 SALISBURY AVENUE 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. All of the three 3 SALISBURY AVENUE 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 19 AUG	£270,000	£288,934	7% below HPI
2007 6 JUL	£170,000	£190,724	11% below HPI
2003 13 JUN	£115,000	£134,203	14% below HPI

3 SALISBURY AVENUE 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 3 SALISBURY AVENUE sales between June 2003 and August 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 July 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 SALISBURY AVENUE?

3 SALISBURY AVENUE is 131m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Brookenby, based on EPC data. The below chart shows the distribution of detached houses by size in Brookenby, and where 3 SALISBURY AVENUE lies on this distribution: 50% of detached houses are smaller than 3 SALISBURY AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Brookenby.

3 SALISBURY AVENUE: Plot and Title Map

3 SALISBURY AVENUE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 3 SALISBURY AVENUE, 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 3 SALISBURY AVENUE). 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 3 SALISBURY AVENUE?

3 SALISBURY AVENUE is located in BROOKENBY, in the LN8 postcode district. The below map shows the position of No. 3 on SALISBURY AVENUE.