4, BRACKEN WAY, MARKET RASEN, LN8 3QA - £200,000

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

4 BRACKEN WAY is a midsized detached house of 102m², built sometime between 2003 and 2006. It was last sold for £200,000 in April 2019, which was around 11% below the average April 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

4 BRACKEN WAY Sold Prices

Land registry data shows five sales for 4 BRACKEN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 4 BRACKEN WAY 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
2019 5 APR	£200,000	£224,278	11% below HPI
2015 19 FEB	£164,000	£186,306	12% below HPI
2011 29 DEC	£135,000	£175,698	23% below HPI
2011 27 OCT	£150,000	£178,275	16% below HPI
2006 29 SEP	£169,950	£181,064	6% below HPI

4 BRACKEN WAY 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 five 4 BRACKEN WAY sales between September 2006 and April 2019 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 February 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 4 BRACKEN WAY?

4 BRACKEN WAY is 102m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 4 BRACKEN WAY lies on this distribution: 43% of detached houses are smaller than 4 BRACKEN WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

4 BRACKEN WAY: Plot and Title Map

4 BRACKEN WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 BRACKEN WAY, 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 4 BRACKEN WAY). 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 4 BRACKEN WAY?

4 BRACKEN WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 4 on BRACKEN WAY.