1, OLDE FARM COURT, SOUTH KELSEY, MARKET RASEN, LN7 6RH - £208,000

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 OLDE FARM COURT is a small detached house of 103m², built sometime from 2007 onwards, which could now be worth an estimated £268,347. It was last sold for £208,000 in March 2019, which was around 8% below the average March 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

1 OLDE FARM COURT Sold Prices

Land registry data shows three sales for 1 OLDE FARM COURT 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. All of the three 1 OLDE FARM COURT 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
2019 1 MAR	£208,000	£225,647	8% below HPI
2010 21 JUL	£153,500	£191,072	20% below HPI
2008 10 JAN	£154,000	£201,116	23% below HPI

1 OLDE FARM 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 three 1 OLDE FARM COURT sales between January 2008 and March 2019 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 OLDE FARM COURT be worth now?

1 OLDE FARM COURT might now be worth an estimated £268,347.

This is based on house price inflation of 29%, between March 2019 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 29% inflationary increase is applied to the most recent sale price for 1 OLDE FARM COURT of £208,000 on 1st March 2019. For the value to have increased from £208,000 to £268,347 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 1 OLDE FARM COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2019 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLDE FARM COURT has not materially changed since March 2019.

How Large is 1 OLDE FARM COURT?

1 OLDE FARM COURT is 103m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of detached houses houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where 1 OLDE FARM COURT lies on this distribution: 26% of detached houses houses are smaller than 1 OLDE FARM COURT, and 74% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

1 OLDE FARM COURT: Plot and Title Map

1 OLDE FARM COURT sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 1 OLDE FARM 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 OLDE FARM 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 OLDE FARM COURT?

1 OLDE FARM COURT is located in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of No. 1 on OLDE FARM COURT.