1, RAINCLIFFE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £210,000

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 RAINCLIFFE is a small extended semi-detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £216,197. It was last sold for £210,000 in June 2022, which was around 18% above the average June 2022 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

1 RAINCLIFFE Sold Prices

Land registry data shows six sales for 1 RAINCLIFFE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the six 1 RAINCLIFFE 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
2022 13 JUN	£210,000	£178,041	18% above HPI
2017 17 FEB	£155,000	£128,409	21% above HPI
2014 22 AUG	£141,000	£116,282	21% above HPI
2013 31 OCT	£138,000	£112,978	22% above HPI
2010 24 MAR	£123,000	£111,570	10% above HPI
2004 12 NOV	£119,500	£109,551	9% above HPI

1 RAINCLIFFE 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 six 1 RAINCLIFFE sales between November 2004 and June 2022 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 February 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 1 RAINCLIFFE be worth now?

1 RAINCLIFFE might now be worth an estimated £216,197.

This is based on house price inflation of 3%, between June 2022 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 3% inflationary increase is applied to the most recent sale price for 1 RAINCLIFFE of £210,000 on 13th June 2022. For the value to have increased from £210,000 to £216,197 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 1 RAINCLIFFE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The June 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RAINCLIFFE has not materially changed since June 2022.

How Large is 1 RAINCLIFFE?

1 RAINCLIFFE is 94m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% 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 RAINCLIFFE lies on this distribution: 32% of semi-detached houses houses are smaller than 1 RAINCLIFFE, and 68% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

1 RAINCLIFFE: Plot and Title Map

1 RAINCLIFFE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1 RAINCLIFFE, 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 RAINCLIFFE). 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 RAINCLIFFE?

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