15, OLDE FARM COURT, SOUTH KELSEY, MARKET RASEN, LN7 6RH - £255,000

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

15 OLDE FARM COURT is a small extended detached house of 124m², built sometime between 2007 and 2011. It was last sold for £255,000 in September 2016, which was around 27% above the average September 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

15 OLDE FARM COURT Sold Prices

Land registry data shows two sales for 15 OLDE FARM COURT 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 15 OLDE FARM COURT 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
2016 1 SEP	£255,000	£201,570	27% above HPI
2008 22 DEC	£205,000	£176,917	16% above HPI

15 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 two 15 OLDE FARM COURT sales from December 2008 and September 2016 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 December 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2016 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 15 OLDE FARM COURT?

15 OLDE FARM COURT is 124m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in South Kelsey, and where 15 OLDE FARM COURT lies on this distribution: 39% of detached houses are smaller than 15 OLDE FARM COURT, and 61% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

15 OLDE FARM COURT: Plot and Title Map

15 OLDE FARM COURT sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 15 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 15 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 15 OLDE FARM COURT?

15 OLDE FARM COURT is located in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of No. 15 on OLDE FARM COURT.