35, THE RIDINGS, MARKET RASEN, LN8 3EE - £146,500

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.

35 THE RIDINGS is a very small detached house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £235,498. It was last sold for £146,500 in November 2011, which was around 19% below the average November 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

35 THE RIDINGS Sold Prices

Land registry data shows two sales for 35 THE RIDINGS 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 35 THE RIDINGS 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
2011 4 NOV	£146,500	£181,098	19% below HPI
2004 30 JUL	£129,950	£174,194	25% below HPI

35 THE RIDINGS 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 35 THE RIDINGS sales from July 2004 and November 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 July 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2011 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 35 THE RIDINGS be worth now?

35 THE RIDINGS might now be worth an estimated £235,498.

This is based on house price inflation of 60.7%, between November 2011 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 60.7% inflationary increase is applied to the most recent sale price for 35 THE RIDINGS of £146,500 on 4th November 2011. For the value to have increased from £146,500 to £235,498 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 35 THE RIDINGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2011 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 35 THE RIDINGS has not materially changed since November 2011.

How Large is 35 THE RIDINGS?

35 THE RIDINGS is 57m² according to the EPC inspection conducted in August 2011. 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 35 THE RIDINGS lies on this distribution: 4% of detached houses houses are smaller than 35 THE RIDINGS, and 96% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

35 THE RIDINGS: Plot and Title Map

35 THE RIDINGS sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 35 THE RIDINGS, 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 35 THE RIDINGS). 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 35 THE RIDINGS?

35 THE RIDINGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 35 on THE RIDINGS.