FAIRVIEW, CHURCH STREET, MIDDLE RASEN, MARKET RASEN, LN8 3TR - £160,000

FAIRVIEW is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £160,000 in December 2009, which was around 10% below the average December 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW 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 FAIRVIEW 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
2009 18 DEC	£160,000	£177,240	10% below HPI
1999 29 DEC	£68,000	£72,932	7% below HPI

FAIRVIEW 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 FAIRVIEW sales from December 1999 and December 2009 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 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2009 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 70m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% 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 FAIRVIEW lies on this distribution: 7% of detached houses are smaller than FAIRVIEW, and 93% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on CHURCH STREET in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of FAIRVIEW on CHURCH STREET.