4, MEADOWFIELD, MIDDLE RASEN, MARKET RASEN, LN8 3TP - £190,000

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 MEADOWFIELD is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £190,000 in October 2019, which was around 18% below the average October 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

4 MEADOWFIELD Sold Prices

Land registry data shows five sales for 4 MEADOWFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the five 4 MEADOWFIELD 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
2019 31 OCT	£190,000	£231,362	18% below HPI
2010 20 DEC	£169,950	£188,341	10% below HPI
2004 30 APR	£159,950	£153,384	4% above HPI
2001 17 MAY	£78,950	£81,781	3% below HPI
1995 3 MAR	£59,000	£62,324	5% below HPI

4 MEADOWFIELD 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 five 4 MEADOWFIELD sales between March 1995 and October 2019 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 December 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 MEADOWFIELD?

4 MEADOWFIELD is 83m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 4 MEADOWFIELD lies on this distribution: 18% of detached houses are smaller than 4 MEADOWFIELD, and 82% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

4 MEADOWFIELD: Plot and Title Map

4 MEADOWFIELD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 MEADOWFIELD, 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 MEADOWFIELD). 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 MEADOWFIELD?

4 MEADOWFIELD is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 4 on MEADOWFIELD.