39, THE BRAMBLES, MARKET RASEN, LN8 3NS - £161,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

39 THE BRAMBLES is a small extended detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £174,718. It was last sold for £161,000 in June 2021, which was around 39% below the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

39 THE BRAMBLES Sold Prices

Land registry data shows four sales for 39 THE BRAMBLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 39 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
2021 10 JUN	£161,000	£262,548	39% below HPI
2019 23 OCT	£155,000	£234,730	34% below HPI
2017 28 JUL	£140,000	£221,055	37% below HPI
2006 28 APR	£149,950	£177,671	16% below HPI

39 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 four 39 THE BRAMBLES sales between April 2006 and June 2021 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 October 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 39 THE BRAMBLES be worth now?

39 THE BRAMBLES might now be worth an estimated £174,718.

This is based on house price inflation of 8.5%, between June 2021 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 39 THE BRAMBLES of £161,000 on 10th June 2021. For the value to have increased from £161,000 to £174,718 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 39 THE BRAMBLES has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2021 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 39 THE BRAMBLES has not materially changed since June 2021.

How Large is 39 THE BRAMBLES?

39 THE BRAMBLES is 98m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 39 THE BRAMBLES lies on this distribution: 38% of detached houses houses are smaller than 39 THE BRAMBLES, and 62% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

39 THE BRAMBLES: Plot and Title Map

39 THE BRAMBLES sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 39 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 39 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 39 THE BRAMBLES?

39 THE BRAMBLES is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 39 on THE BRAMBLES.