22, DOVECOTE, MIDDLE RASEN, MARKET RASEN, LN8 3UD - £190,000

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

22 DOVECOTE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £190,000 in June 2021, which was around 27% below the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

22 DOVECOTE Sold Prices

Land registry data shows four sales for 22 DOVECOTE 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. All of the four 22 DOVECOTE sales 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
2021 16 JUN	£190,000	£258,781	27% below HPI
2014 3 OCT	£155,000	£183,545	16% below HPI
2002 22 MAR	£74,000	£98,976	25% below HPI
1997 28 FEB	£42,000	£64,228	35% below HPI

22 DOVECOTE 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 22 DOVECOTE sales between February 1997 and June 2021 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 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 DOVECOTE?

22 DOVECOTE is 76m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 22 DOVECOTE lies on this distribution: 11% of detached houses are smaller than 22 DOVECOTE, and 89% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

22 DOVECOTE: Plot and Title Map

22 DOVECOTE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 22 DOVECOTE, 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 22 DOVECOTE). 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 22 DOVECOTE?

22 DOVECOTE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 22 on DOVECOTE.