31, LADY FRANCES DRIVE, MARKET RASEN, LN8 3JJ - £238,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

31 LADY FRANCES DRIVE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £238,000 in May 2021, which was around 5% below the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

31 LADY FRANCES DRIVE Sold Prices

Land registry data shows three sales for 31 LADY FRANCES DRIVE 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. Two of the three 31 LADY FRANCES DRIVE sales were for below the average price, whilst one was 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
2021 27 MAY	£238,000	£251,203	5% below HPI
2013 3 MAY	£157,500	£176,784	11% below HPI
2003 31 JUL	£155,000	£138,949	12% above HPI

31 LADY FRANCES 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 three 31 LADY FRANCES DRIVE sales between July 2003 and May 2021 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 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 31 LADY FRANCES DRIVE?

31 LADY FRANCES DRIVE is 95m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 31 LADY FRANCES DRIVE lies on this distribution: 34% of detached houses are smaller than 31 LADY FRANCES DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

31 LADY FRANCES DRIVE: Plot and Title Map

31 LADY FRANCES DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 31 LADY FRANCES 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 31 LADY FRANCES 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 31 LADY FRANCES DRIVE?

31 LADY FRANCES DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 31 on LADY FRANCES DRIVE.