HOLMLEIGH, WALESBY ROAD, MARKET RASEN, LN8 3UJ - £382,000

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

HOLMLEIGH is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £382,000 in April 2018, which was around 75% above the average April 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

HOLMLEIGH Sold Prices

Land registry data shows two sales for HOLMLEIGH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two HOLMLEIGH 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
2018 27 APR	£382,000	£218,449	75% above HPI
2007 8 JAN	£215,000	£189,860	13% above HPI

HOLMLEIGH Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two HOLMLEIGH sales from January 2007 and April 2018 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 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2018 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is HOLMLEIGH?

HOLMLEIGH is 176m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where HOLMLEIGH lies on this distribution: 91% of detached houses are smaller than HOLMLEIGH, and 9% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

HOLMLEIGH: Plot and Title Map

HOLMLEIGH sits on a plot of roughly 0.322 of an acre, or 1,305m². The below map shows the location of HOLMLEIGH, 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 HOLMLEIGH). 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 HOLMLEIGH?

HOLMLEIGH is located on WALESBY ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of HOLMLEIGH on WALESBY ROAD.