18, OLDE FARM COURT, SOUTH KELSEY, MARKET RASEN, LN7 6RH - £279,950

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.

18 OLDE FARM COURT is a midsized detached house of 138m², built sometime from 2007 onwards, which could now be worth an estimated £355,525. It was last sold for £279,950 in January 2020, which was around 22% above the average January 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

18 OLDE FARM COURT Sold Prices

Land registry data shows three sales for 18 OLDE FARM COURT 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 18 OLDE FARM COURT 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
2020 20 JAN	£279,950	£229,231	22% above HPI
2016 11 JAN	£249,000	£202,700	23% above HPI
2008 30 JUN	£235,000	£187,016	26% above HPI

18 OLDE FARM COURT 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 18 OLDE FARM COURT sales between June 2008 and January 2020 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 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 18 OLDE FARM COURT be worth now?

18 OLDE FARM COURT might now be worth an estimated £355,525.

This is based on house price inflation of 27%, between January 2020 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 27% inflationary increase is applied to the most recent sale price for 18 OLDE FARM COURT of £279,950 on 20th January 2020. For the value to have increased from £279,950 to £355,525 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 18 OLDE FARM COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2020 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 18 OLDE FARM COURT has not materially changed since January 2020.

How Large is 18 OLDE FARM COURT?

18 OLDE FARM COURT is 138m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where 18 OLDE FARM COURT lies on this distribution: 45% of detached houses houses are smaller than 18 OLDE FARM COURT, and 55% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

18 OLDE FARM COURT: Plot and Title Map

18 OLDE FARM COURT sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of 18 OLDE FARM COURT, 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 18 OLDE FARM COURT). 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 18 OLDE FARM COURT?

18 OLDE FARM COURT is located in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of No. 18 on OLDE FARM COURT.