37, DOVECOTE, MIDDLE RASEN, MARKET RASEN, LN8 3UD - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 DOVECOTE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £300,000 in July 2024, which was around 8% above the average July 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

37 DOVECOTE Sold Prices

Land registry data shows two sales for 37 DOVECOTE 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 37 DOVECOTE sales were 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
2024 15 JUL	£300,000	£278,533	8% above HPI
2002 26 SEP	£120,000	£112,098	7% above HPI

37 DOVECOTE 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 37 DOVECOTE sales from September 2002 and July 2024 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 37 DOVECOTE be worth now?

37 DOVECOTE might now be worth an estimated £306,878.

This is based on house price inflation of 2.3%, between July 2024 and December 2024, 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 2.3% inflationary increase is applied to the most recent sale price for 37 DOVECOTE of £300,000 on 15th July 2024. For the value to have increased from £300,000 to £306,878 over the seven months to December 2024, the following assumptions must hold true:

• The value of 37 DOVECOTE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 37 DOVECOTE has not materially changed since July 2024.

How Large is 37 DOVECOTE?

37 DOVECOTE is 127m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where 37 DOVECOTE lies on this distribution: 62% of detached houses houses are smaller than 37 DOVECOTE, and 38% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

37 DOVECOTE: Plot and Title Map

37 DOVECOTE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 37 DOVECOTE, 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 37 DOVECOTE). 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 37 DOVECOTE?

37 DOVECOTE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 37 on DOVECOTE.