37, FRONT STREET, TEALBY, MARKET RASEN, LN8 3XU - £465,000

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.

37 FRONT STREET is a large extended detached house of 176m², built sometime before 1900, which could now be worth an estimated £590,299. It was last sold for £465,000 in February 2020, which was around 103% above the average February 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2019, where the current energy rating was F, and the potential energy rating was D.

37 FRONT STREET Sold Prices

Land registry data shows three sales for 37 FRONT STREET 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. All of the three 37 FRONT STREET 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
2020 14 FEB	£465,000	£229,321	103% above HPI
2006 31 MAY	£245,000	£177,966	38% above HPI
2005 18 AUG	£250,000	£183,200	36% above HPI

37 FRONT STREET 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 37 FRONT STREET sales between August 2005 and February 2020 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 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2020 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 37 FRONT STREET be worth now?

37 FRONT STREET might now be worth an estimated £590,299.

This is based on house price inflation of 26.9%, between February 2020 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 26.9% inflationary increase is applied to the most recent sale price for 37 FRONT STREET of £465,000 on 14th February 2020. For the value to have increased from £465,000 to £590,299 over the five years to February 2025, the following assumptions must hold true:

• The value of 37 FRONT STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2020 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 37 FRONT STREET has not materially changed since February 2020.

How Large is 37 FRONT STREET?

37 FRONT STREET is 176m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tealby, and where 37 FRONT STREET lies on this distribution: 68% of detached houses houses are smaller than 37 FRONT STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Tealby.

37 FRONT STREET: Plot and Title Map

37 FRONT STREET sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of 37 FRONT STREET, 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 FRONT STREET). 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 FRONT STREET?

37 FRONT STREET is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 37 on FRONT STREET.