29, THIRSK CLOSE, MARKET RASEN, LN8 3EB - £225,000

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.

29 THIRSK CLOSE is a very small detached house of 57m², built in 2020, which could now be worth an estimated £236,704. It was last sold for £225,000 in May 2022, which was around 19% below the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

29 THIRSK CLOSE Sold Prices

Land registry data shows two sales for 29 THIRSK CLOSE 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 29 THIRSK CLOSE 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 3 MAY	£225,000	£276,720	19% below HPI
2020 17 JUL	£170,000	£232,450	27% below HPI

29 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 two 29 THIRSK CLOSE sales from July 2020 and May 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 July 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 29 THIRSK CLOSE be worth now?

29 THIRSK CLOSE might now be worth an estimated £236,704.

This is based on house price inflation of 5.2%, between May 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 5.2% inflationary increase is applied to the most recent sale price for 29 THIRSK CLOSE of £225,000 on 3rd May 2022. For the value to have increased from £225,000 to £236,704 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 29 THIRSK CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THIRSK CLOSE has not materially changed since May 2022.

How Large is 29 THIRSK CLOSE?

29 THIRSK CLOSE is 57m² according to the EPC inspection conducted in April 2021. 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 29 THIRSK CLOSE lies on this distribution: 3% of detached houses houses are smaller than 29 THIRSK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

29 THIRSK CLOSE: Plot and Title Map

29 THIRSK CLOSE sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of 29 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 29 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 29 THIRSK CLOSE?

29 THIRSK CLOSE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 29 on THIRSK CLOSE.