10, HOLMES WAY, WRAGBY, MARKET RASEN, LN8 5PS - £158,500

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.

10 HOLMES WAY is a small detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £265,177. It was last sold for £158,500 in September 2011, which was around 7% below the average September 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

10 HOLMES WAY Sold Prices

Land registry data shows three sales for 10 HOLMES WAY 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. One of the three 10 HOLMES WAY sales was for below the average price, whilst two 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
2011 2 SEP	£158,500	£171,097	7% below HPI
1998 23 NOV	£73,500	£68,272	8% above HPI
1996 28 NOV	£68,500	£58,264	18% above HPI

10 HOLMES WAY 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 10 HOLMES WAY sales between November 1996 and September 2011 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 November 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 10 HOLMES WAY be worth now?

10 HOLMES WAY might now be worth an estimated £265,177.

This is based on house price inflation of 67.3%, between September 2011 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 67.3% inflationary increase is applied to the most recent sale price for 10 HOLMES WAY of £158,500 on 2nd September 2011. For the value to have increased from £158,500 to £265,177 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 HOLMES WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2011 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 10 HOLMES WAY has not materially changed since September 2011.

How Large is 10 HOLMES WAY?

10 HOLMES WAY is 86m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% 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 10 HOLMES WAY lies on this distribution: 38% of detached houses houses are smaller than 10 HOLMES WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Wragby.

10 HOLMES WAY: Plot and Title Map

10 HOLMES WAY sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 10 HOLMES WAY, 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 10 HOLMES WAY). 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 10 HOLMES WAY?

10 HOLMES WAY is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 10 on HOLMES WAY.