54, THE BRAMBLES, MARKET RASEN, LN8 3NS - £282,000

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

54 THE BRAMBLES is a midsized detached house of 107m², built sometime between 2003 and 2006. It was last sold for £282,000 in April 2023, which was around 5% above the average April 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

54 THE BRAMBLES Sold Prices

Land registry data shows three sales for 54 THE BRAMBLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 54 THE BRAMBLES sales were for above the average price, whilst one was 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
2023 27 APR	£282,000	£268,944	5% above HPI
2018 31 DEC	£212,000	£219,536	3% below HPI
2006 31 AUG	£183,950	£175,402	5% above HPI

54 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 three 54 THE BRAMBLES sales between August 2006 and April 2023 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 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 54 THE BRAMBLES?

54 THE BRAMBLES is 107m² according to the EPC inspection conducted in September 2015. 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 54 THE BRAMBLES lies on this distribution: 49% of detached houses are smaller than 54 THE BRAMBLES, and 50% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

54 THE BRAMBLES: Plot and Title Map

54 THE BRAMBLES sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 54 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 54 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 54 THE BRAMBLES?

54 THE BRAMBLES is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 54 on THE BRAMBLES.