BROOKE HOUSE, BARDNEY ROAD, WRAGBY, MARKET RASEN, LN8 5QZ - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BROOKE HOUSE is a midsized detached house of 92m², built sometime from 2007 onwards, which could now be worth an estimated £247,147. It was last sold for £195,000 in September 2020, which was around 14% below the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

BROOKE HOUSE Sold Prices

Land registry data shows three sales for BROOKE HOUSE 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 BROOKE HOUSE 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
2020 25 SEP	£195,000	£225,854	14% below HPI
2017 23 AUG	£182,000	£214,322	15% below HPI
2008 20 MAR	£165,000	£179,210	8% below HPI

BROOKE HOUSE 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 BROOKE HOUSE sales between March 2008 and September 2020 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 August 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might BROOKE HOUSE be worth now?

BROOKE HOUSE might now be worth an estimated £247,147.

This is based on house price inflation of 26.7%, between September 2020 and February 2025, 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 26.7% inflationary increase is applied to the most recent sale price for BROOKE HOUSE of £195,000 on 25th September 2020. For the value to have increased from £195,000 to £247,147 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of BROOKE HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of BROOKE HOUSE has not materially changed since September 2020.

How Large is BROOKE HOUSE?

BROOKE HOUSE is 92m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 BROOKE HOUSE lies on this distribution: 49% of detached houses houses are smaller than BROOKE HOUSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wragby.

BROOKE HOUSE: Plot and Title Map

BROOKE HOUSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of BROOKE HOUSE, 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 BROOKE HOUSE). 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 BROOKE HOUSE?

BROOKE HOUSE is located on BARDNEY ROAD in WRAGBY, in the LN8 postcode district. The below map shows the position of BROOKE HOUSE on BARDNEY ROAD.