2, CORNER FARM CLOSE, MIDDLE RASEN, MARKET RASEN, LN8 3WE - £465,000

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

2 CORNER FARM CLOSE is a very large detached house of 165m². It was last sold for £465,000 in June 2022, which was around 66% above the average June 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 CORNER FARM CLOSE Sold Prices

Land registry data shows two sales for 2 CORNER FARM 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 2 CORNER FARM CLOSE 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
2022 15 JUN	£465,000	£279,524	66% above HPI
2020 18 MAR	£300,000	£225,880	33% above HPI

2 CORNER FARM 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 2 CORNER FARM CLOSE sales from March 2020 and June 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 March 2020 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 2 CORNER FARM CLOSE?

2 CORNER FARM CLOSE is 165m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 2 CORNER FARM CLOSE lies on this distribution: 89% of detached houses are smaller than 2 CORNER FARM CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

2 CORNER FARM CLOSE: Plot and Title Map

2 CORNER FARM CLOSE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 2 CORNER FARM 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 2 CORNER FARM 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 2 CORNER FARM CLOSE?

2 CORNER FARM CLOSE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 2 on CORNER FARM CLOSE.