3, WOLD GARDENS, NORTH KELSEY, MARKET RASEN, LN7 6EE - £130,000

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 WOLD GARDENS is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £130,000 in August 2011, which was around 26% below the average August 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

3 WOLD GARDENS Sold Prices

Land registry data shows three sales for 3 WOLD GARDENS 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. The three 3 WOLD GARDENS sales were a mix of below the average price, and roughly equal to 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
2011 12 AUG	£130,000	£176,024	26% below HPI
2007 20 SEP	£118,000	£202,990	42% below HPI
2006 16 JAN	£180,000	£180,042	Close to HPI

3 WOLD GARDENS 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 3 WOLD GARDENS sales between January 2006 and August 2011 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 September 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 WOLD GARDENS?

3 WOLD GARDENS is 93m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in North Kelsey, and where 3 WOLD GARDENS lies on this distribution: 31% of detached houses are smaller than 3 WOLD GARDENS, and 68% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

3 WOLD GARDENS: Plot and Title Map

3 WOLD GARDENS sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 WOLD GARDENS, 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 WOLD GARDENS). 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 WOLD GARDENS?

3 WOLD GARDENS is located in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of No. 3 on WOLD GARDENS.