18, THIRSK CLOSE, MARKET RASEN, LN8 3EB - £171,000

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

18 THIRSK CLOSE is a very small semi-detached house of 71m², built sometime between 2007 and 2011. It was last sold for £171,000 in January 2022, which was around 38% below the average January 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

18 THIRSK CLOSE Sold Prices

Land registry data shows three sales for 18 THIRSK CLOSE 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 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
2022 26 JAN	£171,000	£275,232	38% below HPI
2020 25 SEP	£163,500	£232,630	30% below HPI
2012 23 MAR	£119,995	£176,694	32% below HPI

18 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 three 18 THIRSK CLOSE sales between March 2012 and January 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 September 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 18 THIRSK CLOSE?

18 THIRSK CLOSE is 71m² according to the EPC inspection conducted in November 2021. 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 18 THIRSK CLOSE lies on this distribution: 9% of detached houses are smaller than 18 THIRSK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

18 THIRSK CLOSE: Plot and Title Map

18 THIRSK CLOSE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 18 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 18 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 18 THIRSK CLOSE?

18 THIRSK CLOSE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 18 on THIRSK CLOSE.