9, SWALLOW DRIVE, WRAGBY, MARKET RASEN, LN8 5BA - £175,000

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

9 SWALLOW DRIVE is a large extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £175,000 in November 2006, which was around 1% below the average November 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

9 SWALLOW DRIVE Sold Prices

Land registry data shows two sales for 9 SWALLOW DRIVE 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. One of the two 9 SWALLOW DRIVE sales was for below the average price, whilst the other was 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
2006 10 NOV	£175,000	£176,362	1% below HPI
2004 5 MAR	£162,750	£149,981	9% above HPI

9 SWALLOW DRIVE 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 9 SWALLOW DRIVE sales from March 2004 and November 2006 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 March 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2006 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 9 SWALLOW DRIVE?

9 SWALLOW DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 30% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 9 SWALLOW DRIVE lies on this distribution: 70% of detached houses are smaller than 9 SWALLOW DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Wragby.

9 SWALLOW DRIVE: Plot and Title Map

9 SWALLOW DRIVE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 9 SWALLOW DRIVE, 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 9 SWALLOW DRIVE). 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 9 SWALLOW DRIVE?

9 SWALLOW DRIVE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 9 on SWALLOW DRIVE.