11, OLDE FARM COURT, SOUTH KELSEY, MARKET RASEN, LN7 6RH - £200,000

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.

11 OLDE FARM COURT is a very small detached house of 60m², built sometime from 2007 onwards, which could now be worth an estimated £210,403. It was last sold for £200,000 in May 2022, which was around 28% below the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

11 OLDE FARM COURT Sold Prices

Land registry data shows four sales for 11 OLDE FARM COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 11 OLDE FARM COURT 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
2022 31 MAY	£200,000	£276,720	28% below HPI
2021 15 JAN	£136,000	£245,359	45% below HPI
2016 3 MAR	£145,000	£200,255	28% below HPI
2008 31 MAR	£152,995	£192,989	21% below HPI

11 OLDE FARM COURT 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 four 11 OLDE FARM COURT sales between March 2008 and May 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 January 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 OLDE FARM COURT be worth now?

11 OLDE FARM COURT might now be worth an estimated £210,403.

This is based on house price inflation of 5.2%, between May 2022 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 5.2% inflationary increase is applied to the most recent sale price for 11 OLDE FARM COURT of £200,000 on 31st May 2022. For the value to have increased from £200,000 to £210,403 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 11 OLDE FARM COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OLDE FARM COURT has not materially changed since May 2022.

How Large is 11 OLDE FARM COURT?

11 OLDE FARM COURT is 60m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where 11 OLDE FARM COURT lies on this distribution: 6% of detached houses houses are smaller than 11 OLDE FARM COURT, and 93% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

11 OLDE FARM COURT: Plot and Title Map

11 OLDE FARM COURT sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 11 OLDE FARM COURT, 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 OLDE FARM COURT). 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 OLDE FARM COURT?

11 OLDE FARM COURT is located in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of No. 11 on OLDE FARM COURT.