4, LAMMAS LEAS ROAD, MARKET RASEN, LN8 3AP - £227,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 LAMMAS LEAS ROAD is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £227,500 in May 2022, which was around 17% below the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

4 LAMMAS LEAS ROAD Sold Prices

Land registry data shows two sales for 4 LAMMAS LEAS 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 4 LAMMAS LEAS ROAD 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
2022 11 MAY	£227,500	£272,750	17% below HPI
2004 25 JUN	£160,000	£165,066	3% below HPI

4 LAMMAS LEAS 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 4 LAMMAS LEAS ROAD sales from June 2004 and May 2022 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 June 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 LAMMAS LEAS ROAD?

4 LAMMAS LEAS ROAD is 81m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% 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 4 LAMMAS LEAS ROAD lies on this distribution: 18% of detached houses are smaller than 4 LAMMAS LEAS ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

4 LAMMAS LEAS ROAD: Plot and Title Map

4 LAMMAS LEAS ROAD sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 4 LAMMAS LEAS 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 4 LAMMAS LEAS 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 4 LAMMAS LEAS ROAD?

4 LAMMAS LEAS ROAD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 4 on LAMMAS LEAS ROAD.