1, CHARLOTTE LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LL - £224,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CHARLOTTE LANE is a large detached house of 138m², built sometime between 2007 and 2011, which could now be worth an estimated £315,999. It was last sold for £224,000 in February 2017, which was around 9% above the average February 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 CHARLOTTE LANE Sold Prices

Land registry data shows two sales for 1 CHARLOTTE 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 1 CHARLOTTE LANE sales was for above 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
2017 17 FEB	£224,000	£206,360	9% above HPI
2006 10 MAR	£90,000	£180,885	50% below HPI

1 CHARLOTTE 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 1 CHARLOTTE LANE sales from March 2006 and February 2017 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 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 1 CHARLOTTE LANE be worth now?

1 CHARLOTTE LANE might now be worth an estimated £315,999.

This is based on house price inflation of 41.1%, between February 2017 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for 1 CHARLOTTE LANE of £224,000 on 17th February 2017. For the value to have increased from £224,000 to £315,999 over the eight years to February 2025, the following assumptions must hold true:

• The value of 1 CHARLOTTE LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2017 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHARLOTTE LANE has not materially changed since February 2017.

How Large is 1 CHARLOTTE LANE?

1 CHARLOTTE LANE is 138m² according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where 1 CHARLOTTE LANE lies on this distribution: 68% of detached houses houses are smaller than 1 CHARLOTTE LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

1 CHARLOTTE LANE: Plot and Title Map

1 CHARLOTTE LANE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 1 CHARLOTTE 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 1 CHARLOTTE 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 1 CHARLOTTE LANE?

1 CHARLOTTE LANE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 1 on CHARLOTTE LANE.