THE MANOR BUNGALOW, JAMESON BRIDGE STREET, MARKET RASEN, LN8 3EW - £319,000

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

THE MANOR BUNGALOW is a very large extended detached house of 237m², built sometime between 1967 and 1975. It was last sold for £319,000 in January 2021, which was around 32% above the average January 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

THE MANOR BUNGALOW Sold Prices

Land registry data shows two sales for THE MANOR BUNGALOW 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 THE MANOR BUNGALOW 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 25 JAN	£319,000	£241,839	32% above HPI
2019 13 DEC	£290,000	£224,429	29% above HPI

THE MANOR BUNGALOW 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 THE MANOR BUNGALOW sales from December 2019 and January 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 December 2019 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE MANOR BUNGALOW?

THE MANOR BUNGALOW is 237m², which includes two extensions, according to the EPC inspection conducted in June 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 THE MANOR BUNGALOW lies on this distribution: 98% of detached houses are smaller than THE MANOR BUNGALOW, and 2% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

THE MANOR BUNGALOW: Plot and Title Map

THE MANOR BUNGALOW sits on a plot of roughly 0.380 of an acre, or 1,536m². The below map shows the location of THE MANOR BUNGALOW, 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 THE MANOR BUNGALOW). 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 THE MANOR BUNGALOW?

THE MANOR BUNGALOW is located on JAMESON BRIDGE STREET in MARKET RASEN, in the LN8 postcode district. The below map shows the position of THE MANOR BUNGALOW on JAMESON BRIDGE STREET.