40, SOUTH STREET, CAISTOR, MARKET RASEN, LN7 6UB - £255,000

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

40 SOUTH STREET is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £255,000 in December 2017, which was around 16% above the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

40 SOUTH STREET Sold Prices

Land registry data shows two sales for 40 SOUTH STREET 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 40 SOUTH 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
2017 6 DEC	£255,000	£220,247	16% above HPI
2006 18 JUL	£191,000	£174,560	9% above HPI

40 SOUTH 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 two 40 SOUTH STREET sales from July 2006 and December 2017 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 July 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 40 SOUTH STREET?

40 SOUTH STREET is 162m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 40 SOUTH STREET lies on this distribution: 83% of detached houses are smaller than 40 SOUTH STREET, and 16% of houses are larger. Note that EPC data is not available for all properties in Caistor.

40 SOUTH STREET: Plot and Title Map

40 SOUTH STREET sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 40 SOUTH 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 40 SOUTH 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 40 SOUTH STREET?

40 SOUTH STREET is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 40 on SOUTH STREET.