BROMLEA, VICTORIA STREET, WRAGBY, MARKET RASEN, LN8 5PF - £174,950

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

BROMLEA is a midsized extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £174,950 in November 2009, which was around 7% above the average November 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

BROMLEA Sold Prices

Land registry data shows two sales for BROMLEA 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 BROMLEA sales was for above the average price, whilst the other 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
2009 26 NOV	£174,950	£164,250	7% above HPI
2006 25 SEP	£150,000	£176,340	15% below HPI

BROMLEA 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 BROMLEA sales from September 2006 and November 2009 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 September 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2009 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is BROMLEA?

BROMLEA is 96m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where BROMLEA lies on this distribution: 55% of detached houses are smaller than BROMLEA, and 45% of houses are larger. Note that EPC data is not available for all properties in Wragby.

BROMLEA: Plot and Title Map

BROMLEA sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of BROMLEA, 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 BROMLEA). 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 BROMLEA?

BROMLEA is located on VICTORIA STREET in WRAGBY, in the LN8 postcode district. The below map shows the position of BROMLEA on VICTORIA STREET.