12, COW LANE, TEALBY, MARKET RASEN, LN8 3YB - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 COW LANE is a very small extended semi-detached house of 73m², built sometime before 1900. It was last sold for £340,000 in January 2022, which was around 24% above the average January 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was A.

12 COW LANE Sold Prices

Land registry data shows four sales for 12 COW LANE 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. Most of the four 12 COW LANE sales were 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
2022 10 JAN	£340,000	£275,232	24% above HPI
2018 31 AUG	£242,000	£226,699	7% above HPI
2010 18 MAR	£224,250	£175,110	28% above HPI
2008 14 NOV	£124,750	£183,510	32% below HPI

12 COW LANE 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 12 COW LANE sales between November 2008 and January 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 August 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 12 COW LANE?

12 COW LANE is 73m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 12 COW LANE lies on this distribution: 2% of detached houses are smaller than 12 COW LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tealby.

12 COW LANE: Plot and Title Map

12 COW LANE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 12 COW LANE, 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 COW LANE). 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 COW LANE?

12 COW LANE is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 12 on COW LANE.