27, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £298,000

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

27 RASEN ROAD is a small extended detached house of 129m², built sometime before 1900. It was last sold for £298,000 in November 2007, which was around 45% above the average November 2007 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.

27 RASEN ROAD Sold Prices

Land registry data shows three sales for 27 RASEN ROAD 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. All of the three 27 RASEN ROAD sales were for above 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
2007 27 NOV	£298,000	£205,610	45% above HPI
2001 14 JUN	£165,150	£81,975	101% above HPI
1996 21 AUG	£116,500	£62,150	87% above HPI

27 RASEN 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 three 27 RASEN ROAD sales between August 1996 and November 2007 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 2001 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the November 2007 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 27 RASEN ROAD?

27 RASEN ROAD is 129m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 27 RASEN ROAD lies on this distribution: 36% of detached houses are smaller than 27 RASEN ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Tealby.

27 RASEN ROAD: Plot and Title Map

27 RASEN ROAD sits on a plot of roughly 0.306 of an acre, or 1,237m². The below map shows the location of 27 RASEN 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 27 RASEN 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 27 RASEN ROAD?

27 RASEN ROAD is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 27 on RASEN ROAD.