1, JAMES COURT, MARKET RASEN, LN8 3DU - £251,000

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 JAMES COURT is a very large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £358,491. It was last sold for £251,000 in October 2015, which was around 26% above the average October 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

1 JAMES COURT Sold Prices

Land registry data shows two sales for 1 JAMES COURT 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 1 JAMES COURT 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
2015 7 OCT	£251,000	£199,488	26% above HPI
2010 14 JUL	£243,000	£191,072	27% above HPI

1 JAMES COURT 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 JAMES COURT sales from July 2010 and October 2015 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 July 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 JAMES COURT be worth now?

1 JAMES COURT might now be worth an estimated £358,491.

This is based on house price inflation of 42.8%, between October 2015 and December 2024, 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 42.8% inflationary increase is applied to the most recent sale price for 1 JAMES COURT of £251,000 on 7th October 2015. For the value to have increased from £251,000 to £358,491 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 JAMES COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2015 sale price of £251,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JAMES COURT has not materially changed since October 2015.

How Large is 1 JAMES COURT?

1 JAMES COURT is 150m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 1 JAMES COURT lies on this distribution: 84% of detached houses houses are smaller than 1 JAMES COURT, and 16% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

1 JAMES COURT: Plot and Title Map

1 JAMES COURT sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 1 JAMES COURT, 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 JAMES COURT). 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 JAMES COURT?

1 JAMES COURT is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 1 on JAMES COURT.