1, CHICHESTER DRIVE, CAISTOR, MARKET RASEN, LN7 6UJ - £249,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHICHESTER DRIVE is a large detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £285,971. It was last sold for £249,950 in March 2021, which was around 2% below the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

1 CHICHESTER DRIVE Sold Prices

Land registry data shows three sales for 1 CHICHESTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 1 CHICHESTER DRIVE sales were for below the average price, whilst one was 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
2021 1 MAR	£249,950	£254,445	2% below HPI
2006 3 NOV	£235,000	£189,884	24% above HPI
2006 11 JAN	£160,000	£182,663	12% below HPI

1 CHICHESTER DRIVE 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 three 1 CHICHESTER DRIVE sales between January 2006 and March 2021 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 November 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 CHICHESTER DRIVE be worth now?

1 CHICHESTER DRIVE might now be worth an estimated £285,971.

This is based on house price inflation of 14.4%, between March 2021 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 14.4% inflationary increase is applied to the most recent sale price for 1 CHICHESTER DRIVE of £249,950 on 1st March 2021. For the value to have increased from £249,950 to £285,971 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 CHICHESTER DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 1 CHICHESTER DRIVE has not materially changed since March 2021.

How Large is 1 CHICHESTER DRIVE?

1 CHICHESTER DRIVE is 134m² according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 1 CHICHESTER DRIVE lies on this distribution: 65% of detached houses houses are smaller than 1 CHICHESTER DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Caistor.

1 CHICHESTER DRIVE: Plot and Title Map

1 CHICHESTER DRIVE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 1 CHICHESTER DRIVE, 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 CHICHESTER DRIVE). 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 CHICHESTER DRIVE?

1 CHICHESTER DRIVE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 1 on CHICHESTER DRIVE.