16, DEAR STREET, MARKET RASEN, LN8 3BH - £102,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 DEAR STREET is a very small extended semi-detached house of 64m², built sometime before 1900. It was last sold for £102,000 in February 2022, which was around 63% below the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

16 DEAR STREET Sold Prices

Land registry data shows four sales for 16 DEAR STREET 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. All of the four 16 DEAR 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 10 FEB	£102,000	£273,756	63% below HPI
2016 9 AUG	£97,500	£202,460	52% below HPI
2007 20 JUL	£83,000	£190,724	56% below HPI
2003 11 APR	£55,000	£137,639	60% below HPI

16 DEAR 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 four 16 DEAR STREET sales between April 2003 and February 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 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2022 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 16 DEAR STREET?

16 DEAR STREET is 64m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% 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 16 DEAR STREET lies on this distribution: 6% of detached houses are smaller than 16 DEAR STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

16 DEAR STREET: Plot and Title Map

16 DEAR STREET sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 16 DEAR 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 16 DEAR 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 16 DEAR STREET?

16 DEAR STREET is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 16 on DEAR STREET.