3, MAPLE DRIVE, MARKET RASEN, LN8 3QB - £300,000

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

3 MAPLE DRIVE is a very large extended detached house of 209m², built sometime between 2003 and 2006. It was last sold for £300,000 in December 2016, which was around 45% above the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

3 MAPLE DRIVE Sold Prices

Land registry data shows two sales for 3 MAPLE DRIVE 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. One of the two 3 MAPLE DRIVE sales was for above the average price, whilst the other was 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
2016 8 DEC	£300,000	£206,444	45% above HPI
2007 28 JUN	£165,450	£185,874	11% below HPI

3 MAPLE DRIVE 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 3 MAPLE DRIVE sales from June 2007 and December 2016 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2016 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 3 MAPLE DRIVE?

3 MAPLE DRIVE is 209m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 3 MAPLE DRIVE lies on this distribution: 96% of detached houses are smaller than 3 MAPLE DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

3 MAPLE DRIVE: Plot and Title Map

3 MAPLE DRIVE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 3 MAPLE DRIVE, 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 3 MAPLE DRIVE). 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 3 MAPLE DRIVE?

3 MAPLE DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 3 on MAPLE DRIVE.