11, MAYFIELD CRESCENT, MIDDLE RASEN, MARKET RASEN, LN8 3UA - £115,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 MAYFIELD CRESCENT is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £115,000 in June 2018, which was around 48% below the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

11 MAYFIELD CRESCENT Sold Prices

Land registry data shows two sales for 11 MAYFIELD CRESCENT 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 11 MAYFIELD CRESCENT 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
2018 6 JUN	£115,000	£221,675	48% below HPI
2014 26 OCT	£120,000	£183,545	35% below HPI

11 MAYFIELD CRESCENT 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 11 MAYFIELD CRESCENT sales from October 2014 and June 2018 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 October 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 11 MAYFIELD CRESCENT?

11 MAYFIELD CRESCENT is 60m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 11 MAYFIELD CRESCENT lies on this distribution: 2% of detached houses are smaller than 11 MAYFIELD CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

11 MAYFIELD CRESCENT: Plot and Title Map

11 MAYFIELD CRESCENT sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 11 MAYFIELD CRESCENT, 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 11 MAYFIELD CRESCENT). 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 11 MAYFIELD CRESCENT?

11 MAYFIELD CRESCENT is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 11 on MAYFIELD CRESCENT.