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

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

39 THE BRAMBLES is a small extended detached house of 98m², built sometime between 2003 and 2006. It was last sold for £161,000 in June 2021, which was around 38% 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	£258,781	38% below HPI
2019 23 OCT	£155,000	£231,362	33% below HPI
2017 28 JUL	£140,000	£217,884	36% below HPI
2006 28 APR	£149,950	£175,123	14% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

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 in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 39 THE BRAMBLES lies on this distribution: 38% of detached houses are smaller than 39 THE BRAMBLES, and 61% 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.