7, RASE CLOSE, MIDDLE RASEN, MARKET RASEN, LN8 3UF - £365,500

7 RASE CLOSE is a very large extended detached house of 154m², built sometime between 1976 and 1982. It was last sold for £365,500 in March 2022, which was around 33% above the average March 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

7 RASE CLOSE Sold Prices

Land registry data shows two sales for 7 RASE CLOSE 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 7 RASE CLOSE 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
2022 29 MAR	£365,500	£275,437	33% above HPI
2020 10 DEC	£296,000	£239,332	24% above HPI

7 RASE CLOSE 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 7 RASE CLOSE sales from December 2020 and March 2022 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 2020 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 7 RASE CLOSE?

7 RASE CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% 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 7 RASE CLOSE lies on this distribution: 84% of detached houses are smaller than 7 RASE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

7 RASE CLOSE: Plot and Title Map

7 RASE CLOSE sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 7 RASE CLOSE, 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 7 RASE CLOSE). 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 7 RASE CLOSE?

7 RASE CLOSE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 7 on RASE CLOSE.