16, THIRSK CLOSE, MARKET RASEN, LN8 3EB - £230,000

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

16 THIRSK CLOSE is a small detached house of 87m², built sometime between 2007 and 2011. It was last sold for £230,000 in July 2021, which was around 11% below the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

16 THIRSK CLOSE Sold Prices

Land registry data shows two sales for 16 THIRSK CLOSE 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 THIRSK CLOSE 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
2021 14 JUL	£230,000	£257,466	11% below HPI
2011 29 MAR	£169,000	£173,061	2% below HPI

16 THIRSK CLOSE 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 THIRSK CLOSE sales from March 2011 and July 2021 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 March 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 THIRSK CLOSE?

16 THIRSK CLOSE is 87m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% 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 THIRSK CLOSE lies on this distribution: 23% of detached houses are smaller than 16 THIRSK CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

16 THIRSK CLOSE: Plot and Title Map

16 THIRSK CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 16 THIRSK CLOSE, 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 THIRSK CLOSE). 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 THIRSK CLOSE?

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