15, WILLINGHAM ROAD, MARKET RASEN, LN8 3DP - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 WILLINGHAM ROAD is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £245,000 in October 2023, which was around 14% below the average October 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

15 WILLINGHAM ROAD Sold Prices

Land registry data shows three sales for 15 WILLINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 15 WILLINGHAM ROAD 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
2023 9 OCT	£245,000	£284,767	14% below HPI
2016 16 SEP	£130,000	£201,570	36% below HPI
2008 12 JUN	£125,000	£184,333	32% below HPI

15 WILLINGHAM ROAD 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 three 15 WILLINGHAM ROAD sales between June 2008 and October 2023 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 September 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 WILLINGHAM ROAD?

15 WILLINGHAM ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 15 WILLINGHAM ROAD lies on this distribution: 65% of detached houses are smaller than 15 WILLINGHAM ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

15 WILLINGHAM ROAD: Plot and Title Map

15 WILLINGHAM ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 WILLINGHAM ROAD, 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 WILLINGHAM ROAD). 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 WILLINGHAM ROAD?

15 WILLINGHAM ROAD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 15 on WILLINGHAM ROAD.