12, CHURCH STREET, MARKET RASEN, LN8 3ET - £105,000

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.

12 CHURCH STREET is a midsized extended detached house of 112m², built sometime before 1900, which could now be worth an estimated £106,404. It was last sold for £105,000 in October 2022, which was around 63% below the average October 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

12 CHURCH STREET Sold Prices

Land registry data shows two sales for 12 CHURCH STREET 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 12 CHURCH STREET 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 21 OCT	£105,000	£287,274	63% below HPI
2007 26 OCT	£105,000	£204,020	49% below HPI

12 CHURCH STREET 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 12 CHURCH STREET sales from October 2007 and October 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 October 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2022 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 12 CHURCH STREET be worth now?

12 CHURCH STREET might now be worth an estimated £106,404.

This is based on house price inflation of 1.3%, between October 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 1.3% inflationary increase is applied to the most recent sale price for 12 CHURCH STREET of £105,000 on 21st October 2022. For the value to have increased from £105,000 to £106,404 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 CHURCH STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2022 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHURCH STREET has not materially changed since October 2022.

How Large is 12 CHURCH STREET?

12 CHURCH STREET is 112m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% 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 12 CHURCH STREET lies on this distribution: 53% of detached houses houses are smaller than 12 CHURCH STREET, and 47% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

12 CHURCH STREET: Plot and Title Map

12 CHURCH STREET sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 12 CHURCH STREET, 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 12 CHURCH STREET). 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 12 CHURCH STREET?

12 CHURCH STREET is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 12 on CHURCH STREET.