24, LOW CHURCH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3TY - £138,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 LOW CHURCH ROAD is a large detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £281,569. It was last sold for £138,000 in April 2003, which was around 1% below the average April 2003 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

24 LOW CHURCH ROAD Sold Prices

Land registry data shows two sales for 24 LOW CHURCH ROAD 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 LOW CHURCH ROAD 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
2003 16 APR	£138,000	£139,642	1% below HPI
2002 9 MAY	£95,000	£99,041	4% below HPI

24 LOW CHURCH ROAD 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 LOW CHURCH ROAD sales from May 2002 and April 2003 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 May 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2003 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 LOW CHURCH ROAD be worth now?

24 LOW CHURCH ROAD might now be worth an estimated £281,569.

This is based on house price inflation of 104%, between April 2003 and December 2024, 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 104% inflationary increase is applied to the most recent sale price for 24 LOW CHURCH ROAD of £138,000 on 16th April 2003. For the value to have increased from £138,000 to £281,569 over the twenty years and four months to December 2024, the following assumptions must hold true:

• The value of 24 LOW CHURCH ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2003 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LOW CHURCH ROAD has not materially changed since April 2003.

How Large is 24 LOW CHURCH ROAD?

24 LOW CHURCH ROAD is 140m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where 24 LOW CHURCH ROAD lies on this distribution: 71% of detached houses houses are smaller than 24 LOW CHURCH ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

24 LOW CHURCH ROAD: Plot and Title Map

24 LOW CHURCH ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 24 LOW CHURCH ROAD, 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 LOW CHURCH ROAD). 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 LOW CHURCH ROAD?

24 LOW CHURCH ROAD is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 24 on LOW CHURCH ROAD.