INDIA HOPE, SILVER STREET, WRAGBY, MARKET RASEN, LN8 5PJ - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

INDIA HOPE is a large detached house of 104m². It was last sold for £270,000 in August 2021, which was around 11% above the average August 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

INDIA HOPE Sold Prices

Land registry data shows two sales for INDIA HOPE 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. Both of the two INDIA HOPE 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
2021 19 AUG	£270,000	£243,899	11% above HPI
2020 23 OCT	£260,000	£223,136	17% above HPI

INDIA HOPE 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 INDIA HOPE sales from October 2020 and August 2021 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 October 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is INDIA HOPE?

INDIA HOPE is 104m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where INDIA HOPE lies on this distribution: 63% of detached houses are smaller than INDIA HOPE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wragby.

INDIA HOPE: Plot and Title Map

INDIA HOPE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of INDIA HOPE, 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 INDIA HOPE). 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 INDIA HOPE?

INDIA HOPE is located on SILVER STREET in WRAGBY, in the LN8 postcode district. The below map shows the position of INDIA HOPE on SILVER STREET.