2, COMPTON DRIVE, FALDINGWORTH, MARKET RASEN, LN8 3FW - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 COMPTON DRIVE is a large detached house of 196m², built sometime between 2003 and 2006, which could now be worth an estimated £353,989. It was last sold for £225,000 in November 2011, which was around 24% above the average November 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

2 COMPTON DRIVE Sold Prices

Land registry data shows two sales for 2 COMPTON DRIVE 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 2 COMPTON DRIVE 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
2011 18 NOV	£225,000	£181,098	24% above HPI
2007 17 AUG	£287,250	£198,324	45% above HPI

2 COMPTON DRIVE 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 2 COMPTON DRIVE sales from August 2007 and November 2011 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 August 2007 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2011 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 COMPTON DRIVE be worth now?

2 COMPTON DRIVE might now be worth an estimated £353,989.

This is based on house price inflation of 57.3%, between November 2011 and December 2024, 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 57.3% inflationary increase is applied to the most recent sale price for 2 COMPTON DRIVE of £225,000 on 18th November 2011. For the value to have increased from £225,000 to £353,989 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 COMPTON DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COMPTON DRIVE has not materially changed since November 2011.

How Large is 2 COMPTON DRIVE?

2 COMPTON DRIVE is 196m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faldingworth, and where 2 COMPTON DRIVE lies on this distribution: 74% of detached houses houses are smaller than 2 COMPTON DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

2 COMPTON DRIVE: Plot and Title Map

2 COMPTON DRIVE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 2 COMPTON DRIVE, 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 2 COMPTON DRIVE). 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 2 COMPTON DRIVE?

2 COMPTON DRIVE is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 2 on COMPTON DRIVE.