41, CHURCH STREET, MIDDLE RASEN, MARKET RASEN, LN8 3TR - £353,000

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.

41 CHURCH STREET is a very large extended detached house of 149m², built sometime between 1967 and 1975, which could now be worth an estimated £391,407. It was last sold for £353,000 in June 2021, which was around 34% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

41 CHURCH STREET Sold Prices

Land registry data shows three sales for 41 CHURCH 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 41 CHURCH 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
2021 30 JUN	£353,000	£262,548	34% above HPI
2007 12 JAN	£245,000	£192,623	27% above HPI
1998 27 AUG	£95,000	£72,479	31% above HPI

41 CHURCH 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 41 CHURCH STREET sales between August 1998 and June 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 January 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 41 CHURCH STREET be worth now?

41 CHURCH STREET might now be worth an estimated £391,407.

This is based on house price inflation of 10.9%, between June 2021 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 10.9% inflationary increase is applied to the most recent sale price for 41 CHURCH STREET of £353,000 on 30th June 2021. For the value to have increased from £353,000 to £391,407 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 41 CHURCH STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2021 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CHURCH STREET has not materially changed since June 2021.

How Large is 41 CHURCH STREET?

41 CHURCH STREET is 149m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where 41 CHURCH STREET lies on this distribution: 81% of detached houses houses are smaller than 41 CHURCH STREET, and 19% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

41 CHURCH STREET: Plot and Title Map

41 CHURCH STREET sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of 41 CHURCH 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 41 CHURCH 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 41 CHURCH STREET?

41 CHURCH STREET is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 41 on CHURCH STREET.