BIRCH LODGE, MILL LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LE - £235,000

BIRCH LODGE is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £235,000 in November 2019, which was around 3% above the average November 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

BIRCH LODGE Sold Prices

Land registry data shows two sales for BIRCH LODGE 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 BIRCH LODGE 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
2019 15 NOV	£235,000	£227,277	3% above HPI
1999 8 MAR	£84,000	£64,531	30% above HPI

BIRCH LODGE 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 BIRCH LODGE sales from March 1999 and November 2019 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 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is BIRCH LODGE?

BIRCH LODGE is 104m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 BIRCH LODGE lies on this distribution: 40% of detached houses are smaller than BIRCH LODGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

BIRCH LODGE: Plot and Title Map

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

BIRCH LODGE is located on MILL LANE in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of BIRCH LODGE on MILL LANE.