23, THIRSK CLOSE, MARKET RASEN, LN8 3EB - £229,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 THIRSK CLOSE is a very small detached house of 83m², built sometime from 2007 onwards, which could now be worth an estimated £290,901. It was last sold for £229,000 in March 2020, which was about the average March 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

23 THIRSK CLOSE Sold Prices

Land registry data shows three sales for 23 THIRSK CLOSE 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. The three 23 THIRSK CLOSE sales were a mix of roughly equal to the average price, and 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
2020 11 MAR	£229,000	£229,168	Close to HPI
2016 8 NOV	£185,000	£208,463	11% below HPI
2010 14 DEC	£162,995	£191,082	15% below HPI

23 THIRSK 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 three 23 THIRSK CLOSE sales between December 2010 and March 2020 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 November 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 THIRSK CLOSE be worth now?

23 THIRSK CLOSE might now be worth an estimated £290,901.

This is based on house price inflation of 27%, between March 2020 and February 2025, 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 27% inflationary increase is applied to the most recent sale price for 23 THIRSK CLOSE of £229,000 on 11th March 2020. For the value to have increased from £229,000 to £290,901 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 23 THIRSK CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2020 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THIRSK CLOSE has not materially changed since March 2020.

How Large is 23 THIRSK CLOSE?

23 THIRSK CLOSE is 83m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 23 THIRSK CLOSE lies on this distribution: 19% of detached houses houses are smaller than 23 THIRSK CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

23 THIRSK CLOSE: Plot and Title Map

23 THIRSK CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 23 THIRSK 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 23 THIRSK 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 23 THIRSK CLOSE?

23 THIRSK CLOSE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 23 on THIRSK CLOSE.