37, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 RASEN ROAD is a midsized extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £385,000 in February 2021, which was around 56% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

37 RASEN ROAD Sold Prices

Land registry data shows two sales for 37 RASEN ROAD 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 RASEN ROAD 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
2021 5 FEB	£385,000	£247,515	56% above HPI
2014 24 FEB	£210,000	£189,020	11% above HPI

37 RASEN ROAD 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 RASEN ROAD sales from February 2014 and February 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 February 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 37 RASEN ROAD?

37 RASEN ROAD is 138m², which includes four extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 37 RASEN ROAD lies on this distribution: 44% of detached houses are smaller than 37 RASEN ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Tealby.

37 RASEN ROAD: Plot and Title Map

37 RASEN ROAD sits on a plot of roughly 0.288 of an acre, or 1,166m². The below map shows the location of 37 RASEN ROAD, 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 RASEN ROAD). 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 RASEN ROAD?

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