6, BRIDLE WAY, WRAGBY, MARKET RASEN, LN8 5YB - £62,950

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

6 BRIDLE WAY is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £191,459. It was last sold for £62,950 in December 2001, which was around 33% below the average December 2001 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was C.

6 BRIDLE WAY Sold Prices

Land registry data shows two sales for 6 BRIDLE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 6 BRIDLE 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
2001 12 DEC	£62,950	£93,670	33% below HPI
1998 27 FEB	£37,500	£63,294	41% below HPI

6 BRIDLE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 6 BRIDLE WAY sales from February 1998 and December 2001 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 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2001 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 6 BRIDLE WAY be worth now?

6 BRIDLE WAY might now be worth an estimated £191,459.

This is based on house price inflation of 204.1%, between December 2001 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 204.1% inflationary increase is applied to the most recent sale price for 6 BRIDLE WAY of £62,950 on 12th December 2001. For the value to have increased from £62,950 to £191,459 over the 23 years to December 2024, the following assumptions must hold true:

• The value of 6 BRIDLE WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2001 sale price of £62,950 represented a fair market value for the property.
• The size, condition, and specification of 6 BRIDLE WAY has not materially changed since December 2001.

How Large is 6 BRIDLE WAY?

6 BRIDLE WAY is 63m² according to the EPC inspection conducted in December 2024. This puts it in the smallest 10% of detached houses houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wragby, and where 6 BRIDLE WAY lies on this distribution: 7% of detached houses houses are smaller than 6 BRIDLE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wragby.

6 BRIDLE WAY: Plot and Title Map

6 BRIDLE WAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 6 BRIDLE 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 6 BRIDLE 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 6 BRIDLE WAY?

6 BRIDLE WAY is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 6 on BRIDLE WAY.