8A, SAWMILL LANE, WRAGBY, MARKET RASEN, LN8 5PU - £140,000

8A SAWMILL LANE is a very small detached house of 62m², built sometime between 2003 and 2006. It was last sold for £140,000 in October 2020, which was around 37% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

8A SAWMILL LANE Sold Prices

Land registry data shows two sales for 8A SAWMILL LANE 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 8A SAWMILL LANE sales were for below 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
2020 5 OCT	£140,000	£223,136	37% below HPI
2007 23 MAR	£115,000	£183,016	37% below HPI

8A SAWMILL LANE 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 8A SAWMILL LANE sales from March 2007 and October 2020 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 March 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2020 sale, which was also at 37% below the HPI.

How Large is 8A SAWMILL LANE?

8A SAWMILL LANE is 62m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where 8A SAWMILL LANE lies on this distribution: 7% of detached houses are smaller than 8A SAWMILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wragby.

8A SAWMILL LANE: Plot and Title Map

8A SAWMILL LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 8A SAWMILL LANE, 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 8A SAWMILL LANE). 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 8A SAWMILL LANE?

8A SAWMILL LANE is located in WRAGBY, in the LN8 postcode district. The below map shows the position of No. 8A on SAWMILL LANE.