1, CRIMMOND COTTAGES, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £34,000

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 CRIMMOND COTTAGES is a very small extended semi-detached house of 52m², built sometime between 1900 and 1929, which could now be worth an estimated £100,090. It was last sold for £34,000 in July 2002, which was around 45% below the average July 2002 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was A, and the potential energy rating was A.

1 CRIMMOND COTTAGES Sold Prices

Land registry data shows two sales for 1 CRIMMOND COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 1 CRIMMOND COTTAGES 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
2002 26 JUL	£34,000	£62,264	45% below HPI
1998 24 APR	£21,000	£40,618	48% below HPI

1 CRIMMOND COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 1 CRIMMOND COTTAGES sales from April 1998 and July 2002 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 April 1998 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2002 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 1 CRIMMOND COTTAGES be worth now?

1 CRIMMOND COTTAGES might now be worth an estimated £100,090.

This is based on house price inflation of 194.4%, between July 2002 and December 2024, for semi-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 194.4% inflationary increase is applied to the most recent sale price for 1 CRIMMOND COTTAGES of £34,000 on 26th July 2002. For the value to have increased from £34,000 to £100,090 over the 21 years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 CRIMMOND COTTAGES has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The July 2002 sale price of £34,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CRIMMOND COTTAGES has not materially changed since July 2002.

How Large is 1 CRIMMOND COTTAGES?

1 CRIMMOND COTTAGES is 52m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of semi-detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middle Rasen, and where 1 CRIMMOND COTTAGES lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 1 CRIMMOND COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

1 CRIMMOND COTTAGES: Plot and Title Map

1 CRIMMOND COTTAGES sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 1 CRIMMOND COTTAGES, 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 CRIMMOND COTTAGES). 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 CRIMMOND COTTAGES?

1 CRIMMOND COTTAGES is located on GAINSBOROUGH ROAD in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of 1 CRIMMOND COTTAGES on GAINSBOROUGH ROAD.