1, VARLOWS YARD, CAISTOR, MARKET RASEN, LN7 6UN - £125,000

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 VARLOWS YARD is a very small detached house of 66m², which could now be worth an estimated £158,600. It was last sold for £125,000 in June 2020, which was around 46% below the average June 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 VARLOWS YARD Sold Prices

Land registry data shows two sales for 1 VARLOWS YARD 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 VARLOWS YARD 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
2020 19 JUN	£125,000	£229,441	46% below HPI
2019 29 NOV	£60,000	£230,585	74% below HPI

1 VARLOWS YARD 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 VARLOWS YARD sales from November 2019 and June 2020 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 2019 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the June 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 1 VARLOWS YARD be worth now?

1 VARLOWS YARD might now be worth an estimated £158,600.

This is based on house price inflation of 26.9%, between June 2020 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 26.9% inflationary increase is applied to the most recent sale price for 1 VARLOWS YARD of £125,000 on 19th June 2020. For the value to have increased from £125,000 to £158,600 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 1 VARLOWS YARD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VARLOWS YARD has not materially changed since June 2020.

How Large is 1 VARLOWS YARD?

1 VARLOWS YARD is 66m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 1 VARLOWS YARD lies on this distribution: 5% of detached houses houses are smaller than 1 VARLOWS YARD, and 95% of houses are larger. Note that EPC data is not available for all properties in Caistor.

1 VARLOWS YARD: Plot and Title Map

1 VARLOWS YARD sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 1 VARLOWS YARD, 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 VARLOWS YARD). 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 VARLOWS YARD?

1 VARLOWS YARD is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 1 on VARLOWS YARD.