2, PLOUGH DRIVE, MARKET RASEN, LN8 3DW - £227,000

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 PLOUGH DRIVE is a midsized detached house of 102m², built sometime between 2003 and 2006. It was last sold for £227,000 in December 2017, which was around 3% above the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

2 PLOUGH DRIVE Sold Prices

Land registry data shows three sales for 2 PLOUGH DRIVE 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. One of the three 2 PLOUGH DRIVE sales was for above the average price, whilst two 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 11 DEC	£227,000	£220,247	3% above HPI
2010 3 JUN	£162,500	£186,398	13% below HPI
2006 30 JUN	£166,995	£173,252	4% below HPI

2 PLOUGH 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 three 2 PLOUGH DRIVE sales between June 2006 and December 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 June 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 PLOUGH DRIVE?

2 PLOUGH DRIVE is 102m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% 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 PLOUGH DRIVE lies on this distribution: 43% of detached houses are smaller than 2 PLOUGH DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

2 PLOUGH DRIVE: Plot and Title Map

2 PLOUGH DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 PLOUGH 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 PLOUGH 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 PLOUGH DRIVE?

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