1, THE PINFOLD, MARKET RASEN, LN8 3FS - £199,950

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 THE PINFOLD is a small detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £277,911. It was last sold for £199,950 in December 2016, which was around 5% below the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

1 THE PINFOLD Sold Prices

Land registry data shows three sales for 1 THE PINFOLD 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. One of the three 1 THE PINFOLD sales was for below the average price, whilst two 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
2016 13 DEC	£199,950	£209,449	5% below HPI
2011 24 NOV	£185,000	£181,098	2% above HPI
2002 26 NOV	£155,000	£114,203	36% above HPI

1 THE PINFOLD 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 THE PINFOLD sales between November 2002 and December 2016 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 THE PINFOLD be worth now?

1 THE PINFOLD might now be worth an estimated £277,911.

This is based on house price inflation of 39%, between December 2016 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 39% inflationary increase is applied to the most recent sale price for 1 THE PINFOLD of £199,950 on 13th December 2016. For the value to have increased from £199,950 to £277,911 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 THE PINFOLD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2016 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PINFOLD has not materially changed since December 2016.

How Large is 1 THE PINFOLD?

1 THE PINFOLD is 94m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% 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 THE PINFOLD lies on this distribution: 35% of detached houses houses are smaller than 1 THE PINFOLD, and 65% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

1 THE PINFOLD: Plot and Title Map

1 THE PINFOLD sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 1 THE PINFOLD, 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 THE PINFOLD). 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 THE PINFOLD?

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