SILVANUS HOUSE, VICTORIA STREET, WRAGBY, MARKET RASEN, LN8 5PF - £275,500

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.

SILVANUS HOUSE is a very large detached house of 140m², which could now be worth an estimated £375,003. It was last sold for £275,500 in March 2018, which was around 31% above the average March 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2011, where the current energy rating was B, and the potential energy rating was B.

SILVANUS HOUSE Sold Prices

Land registry data shows two sales for SILVANUS HOUSE 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 SILVANUS HOUSE 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 29 MAR	£275,500	£210,298	31% above HPI
2011 29 SEP	£230,000	£171,097	34% above HPI

SILVANUS 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 two SILVANUS HOUSE sales from September 2011 and March 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 September 2011 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might SILVANUS HOUSE be worth now?

SILVANUS HOUSE might now be worth an estimated £375,003.

This is based on house price inflation of 36.1%, between March 2018 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 36.1% inflationary increase is applied to the most recent sale price for SILVANUS HOUSE of £275,500 on 29th March 2018. For the value to have increased from £275,500 to £375,003 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of SILVANUS HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2018 sale price of £275,500 represented a fair market value for the property.
• The size, condition, and specification of SILVANUS HOUSE has not materially changed since March 2018.

How Large is SILVANUS HOUSE?

SILVANUS HOUSE is 140m² according to the EPC inspection conducted in November 2011. This puts it in the largest 20% 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 SILVANUS HOUSE lies on this distribution: 89% of detached houses houses are smaller than SILVANUS HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wragby.

SILVANUS HOUSE: Plot and Title Map

SILVANUS HOUSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of SILVANUS 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 SILVANUS 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 SILVANUS HOUSE?

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