19, THE RIDINGS, MARKET RASEN, LN8 3EE - £238,000

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

19 THE RIDINGS is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £238,000 in August 2017, which was around 8% above the average August 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

19 THE RIDINGS Sold Prices

Land registry data shows four sales for 19 THE RIDINGS 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. two of the four 19 THE RIDINGS sales were for above the average price, and four 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
2017 14 AUG	£238,000	£219,434	8% above HPI
2014 13 MAY	£182,000	£184,675	1% below HPI
2009 11 JUN	£199,950	£175,351	14% above HPI
2006 25 AUG	£164,000	£175,402	7% below HPI

19 THE RIDINGS 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 19 THE RIDINGS sales between August 2006 and August 2017 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 May 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 19 THE RIDINGS?

19 THE RIDINGS is 94m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% 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 19 THE RIDINGS lies on this distribution: 34% of detached houses are smaller than 19 THE RIDINGS, and 66% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

19 THE RIDINGS: Plot and Title Map

19 THE RIDINGS sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 19 THE RIDINGS, 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 19 THE RIDINGS). 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 19 THE RIDINGS?

19 THE RIDINGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 19 on THE RIDINGS.