15, THE MEADOW, CAISTOR, MARKET RASEN, LN7 6XD - £146,000

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.

15 THE MEADOW is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £228,957. It was last sold for £146,000 in August 2014, which was around 21% below the average August 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

15 THE MEADOW Sold Prices

Land registry data shows two sales for 15 THE MEADOW 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 THE MEADOW 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
2014 26 AUG	£146,000	£185,636	21% below HPI
2003 31 JAN	£89,950	£119,584	25% below HPI

15 THE MEADOW 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 THE MEADOW sales from January 2003 and August 2014 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 THE MEADOW be worth now?

15 THE MEADOW might now be worth an estimated £228,957.

This is based on house price inflation of 56.8%, between August 2014 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 56.8% inflationary increase is applied to the most recent sale price for 15 THE MEADOW of £146,000 on 26th August 2014. For the value to have increased from £146,000 to £228,957 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 15 THE MEADOW has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2014 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE MEADOW has not materially changed since August 2014.

How Large is 15 THE MEADOW?

15 THE MEADOW is 78m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 15 THE MEADOW lies on this distribution: 14% of detached houses houses are smaller than 15 THE MEADOW, and 85% of houses are larger. Note that EPC data is not available for all properties in Caistor.

15 THE MEADOW: Plot and Title Map

15 THE MEADOW sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 15 THE MEADOW, 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 THE MEADOW). 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 THE MEADOW?

15 THE MEADOW is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 15 on THE MEADOW.