2, ELIZABETH GARDENS, MARKET RASEN, LN8 3DQ - £255,000

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 ELIZABETH GARDENS is a very large detached house of 158m², built sometime between 2003 and 2006. It was last sold for £255,000 in September 2017, which was around 18% above the average September 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was B.

2 ELIZABETH GARDENS Sold Prices

Land registry data shows two sales for 2 ELIZABETH GARDENS 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 ELIZABETH GARDENS 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
2017 25 SEP	£255,000	£216,820	18% above HPI
2006 17 OCT	£239,950	£184,148	30% above HPI

2 ELIZABETH GARDENS 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 ELIZABETH GARDENS sales from October 2006 and September 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 October 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 ELIZABETH GARDENS?

2 ELIZABETH GARDENS is 158m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% 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 2 ELIZABETH GARDENS lies on this distribution: 86% of detached houses are smaller than 2 ELIZABETH GARDENS, and 13% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

2 ELIZABETH GARDENS: Plot and Title Map

2 ELIZABETH GARDENS sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 ELIZABETH GARDENS, 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 ELIZABETH GARDENS). 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 ELIZABETH GARDENS?

2 ELIZABETH GARDENS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 2 on ELIZABETH GARDENS.