8, HOLMES WAY, WRAGBY, MARKET RASEN, LN8 5PS - £213,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 HOLMES WAY is a very large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £213,000 in January 2013, which was around 37% above the average January 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

8 HOLMES WAY Sold Prices

Land registry data shows four sales for 8 HOLMES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 8 HOLMES WAY sales were for above 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
2013 4 JAN	£213,000	£155,908	37% above HPI
2008 15 FEB	£192,000	£178,420	8% above HPI
2004 26 MAR	£189,000	£149,981	26% above HPI
1995 7 APR	£92,000	£56,465	63% above HPI

8 HOLMES 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 four 8 HOLMES WAY sales between April 1995 and January 2013 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 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2013 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 8 HOLMES WAY?

8 HOLMES WAY is 129m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 8 HOLMES WAY lies on this distribution: 84% of detached houses are smaller than 8 HOLMES WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Wragby.

8 HOLMES WAY: Plot and Title Map

8 HOLMES WAY sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 8 HOLMES 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 8 HOLMES 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 8 HOLMES WAY?

8 HOLMES WAY is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 8 on HOLMES WAY.