5, THE BRAMBLES, MARKET RASEN, LN8 3NS - £184,000

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

5 THE BRAMBLES is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £184,000 in October 2019, which was around 20% below the average October 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 THE BRAMBLES Sold Prices

Land registry data shows four sales for 5 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 5 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
2019 25 OCT	£184,000	£231,362	20% below HPI
2006 5 DEC	£159,950	£188,712	15% below HPI
2006 29 NOV	£180,000	£187,160	4% below HPI
2005 21 DEC	£172,950	£174,502	1% below HPI

5 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 5 THE BRAMBLES sales between December 2005 and October 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 December 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 THE BRAMBLES?

5 THE BRAMBLES is 104m² according to the EPC inspection conducted in March 2010. 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 5 THE BRAMBLES lies on this distribution: 48% of detached houses are smaller than 5 THE BRAMBLES, and 52% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

5 THE BRAMBLES: Plot and Title Map

5 THE BRAMBLES sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 5 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 5 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 5 THE BRAMBLES?

5 THE BRAMBLES is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 5 on THE BRAMBLES.