2, LAWRENCE LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LN - £187,500

2 LAWRENCE LANE is a midsized detached house of 125m², built sometime between 2003 and 2006. It was last sold for £187,500 in May 2015, which was about the average May 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

2 LAWRENCE LANE Sold Prices

Land registry data shows two sales for 2 LAWRENCE 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 West Lindsey local authority area for the corresponding sale date. One of the two 2 LAWRENCE LANE sales was roughly equal to the average price, whilst the other was 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
2015 29 MAY	£187,500	£186,674	Close to HPI
2006 28 JUN	£90,000	£173,252	48% below HPI

2 LAWRENCE LANE 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 2 LAWRENCE LANE sales from June 2006 and May 2015 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 June 2006 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 LAWRENCE LANE?

2 LAWRENCE LANE is 125m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 2 LAWRENCE LANE lies on this distribution: 59% of detached houses are smaller than 2 LAWRENCE LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

2 LAWRENCE LANE: Plot and Title Map

2 LAWRENCE LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 LAWRENCE 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 2 LAWRENCE 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 2 LAWRENCE LANE?

2 LAWRENCE LANE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 2 on LAWRENCE LANE.