24, LIME WALK, MARKET RASEN, LN8 3SP - £155,000

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.

24 LIME WALK is a very small detached house of 71m², which could now be worth an estimated £162,463. It was last sold for £155,000 in February 2022, which was around 44% below the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

24 LIME WALK Sold Prices

Land registry data shows two sales for 24 LIME WALK 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 24 LIME WALK 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
2022 4 FEB	£155,000	£277,741	44% below HPI
2015 9 OCT	£134,950	£199,488	32% below HPI

24 LIME WALK 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 24 LIME WALK sales from October 2015 and February 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 October 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 24 LIME WALK be worth now?

24 LIME WALK might now be worth an estimated £162,463.

This is based on house price inflation of 4.8%, between February 2022 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 4.8% inflationary increase is applied to the most recent sale price for 24 LIME WALK of £155,000 on 4th February 2022. For the value to have increased from £155,000 to £162,463 over the three years to February 2025, the following assumptions must hold true:

• The value of 24 LIME WALK has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LIME WALK has not materially changed since February 2022.

How Large is 24 LIME WALK?

24 LIME WALK is 71m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 24 LIME WALK lies on this distribution: 8% of detached houses houses are smaller than 24 LIME WALK, and 91% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

24 LIME WALK: Plot and Title Map

24 LIME WALK sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 24 LIME WALK, 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 24 LIME WALK). 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 24 LIME WALK?

24 LIME WALK is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 24 on LIME WALK.