BRACKEN, FANNY HANDS LANE, LUDFORD, MARKET RASEN, LN8 6AL - £49,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

BRACKEN is a very small semi-detached house of 53m², built sometime between 1967 and 1975. It was last sold for £49,000 in September 2001, which was around 43% below the average September 2001 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

BRACKEN Sold Prices

Land registry data shows three sales for BRACKEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three BRACKEN 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 17 SEP	£49,000	£85,238	43% below HPI
2000 24 JAN	£34,000	£72,598	53% below HPI
1998 17 APR	£26,000	£60,367	57% below HPI

BRACKEN 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 three BRACKEN sales between April 1998 and September 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 January 2000 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2001 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is BRACKEN?

BRACKEN is 53m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where BRACKEN lies on this distribution: Less than 1% of detached houses are smaller than BRACKEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ludford.

BRACKEN: Plot and Title Map

BRACKEN sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of BRACKEN, 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 BRACKEN). 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 BRACKEN?

BRACKEN is located on FANNY HANDS LANE in LUDFORD, in the LN8 postcode district. The below map shows the position of BRACKEN on FANNY HANDS LANE.