16, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £335,000

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

16 RASEN ROAD is a large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £335,000 in May 2014, which was around 81% above the average May 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

16 RASEN ROAD Sold Prices

Land registry data shows two sales for 16 RASEN ROAD 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 16 RASEN ROAD 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
2014 2 MAY	£335,000	£184,675	81% above HPI
1996 12 JUL	£150,000	£61,200	145% above HPI

16 RASEN 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 two 16 RASEN ROAD sales from July 1996 and May 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 July 1996 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the May 2014 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 16 RASEN ROAD?

16 RASEN ROAD is 169m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 16 RASEN ROAD lies on this distribution: 63% of detached houses are smaller than 16 RASEN ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Tealby.

16 RASEN ROAD: Plot and Title Map

16 RASEN ROAD sits on a plot of roughly 0.245 of an acre, or 992m². The below map shows the location of 16 RASEN 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 16 RASEN 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 16 RASEN ROAD?

16 RASEN ROAD is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 16 on RASEN ROAD.