38, THE BRAMBLES, MARKET RASEN, LN8 3NS - £172,000

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

38 THE BRAMBLES is a midsized extended detached house of 107m², built sometime between 2003 and 2006. It was last sold for £172,000 in September 2008, which was around 10% below the average September 2008 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

38 THE BRAMBLES Sold Prices

Land registry data shows two sales for 38 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 38 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
2008 26 SEP	£172,000	£192,133	10% below HPI
2007 22 MAR	£170,952	£182,554	6% below HPI

38 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 38 THE BRAMBLES sales from March 2007 and September 2008 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2008 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 38 THE BRAMBLES?

38 THE BRAMBLES is 107m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% 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 38 THE BRAMBLES lies on this distribution: 49% of detached houses are smaller than 38 THE BRAMBLES, and 50% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

38 THE BRAMBLES: Plot and Title Map

38 THE BRAMBLES sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 38 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 38 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 38 THE BRAMBLES?

38 THE BRAMBLES is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 38 on THE BRAMBLES.