10, DOVECOTE, MIDDLE RASEN, MARKET RASEN, LN8 3UD - £151,000

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

10 DOVECOTE is a midsized detached house of 123m², built sometime between 1967 and 1975. It was last sold for £151,000 in February 2014, which was around 21% below the average February 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

10 DOVECOTE Sold Prices

Land registry data shows two sales for 10 DOVECOTE 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. One of the two 10 DOVECOTE sales was for below the average price, whilst the other was 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
2014 25 FEB	£151,000	£191,771	21% below HPI
2001 23 FEB	£84,950	£82,433	3% above HPI

10 DOVECOTE 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 10 DOVECOTE sales from February 2001 and February 2014 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 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 10 DOVECOTE be worth now?

10 DOVECOTE might now be worth an estimated £224,344.

This is based on house price inflation of 48.6%, between February 2014 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 48.6% inflationary increase is applied to the most recent sale price for 10 DOVECOTE of £151,000 on 25th February 2014. For the value to have increased from £151,000 to £224,344 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 10 DOVECOTE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2014 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 10 DOVECOTE has not materially changed since February 2014.

How Large is 10 DOVECOTE?

10 DOVECOTE is 123m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where 10 DOVECOTE lies on this distribution: 56% of detached houses houses are smaller than 10 DOVECOTE, and 44% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

10 DOVECOTE: Plot and Title Map

10 DOVECOTE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 10 DOVECOTE, 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 10 DOVECOTE). 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 10 DOVECOTE?

10 DOVECOTE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 10 on DOVECOTE.