41, DOVECOTE, MIDDLE RASEN, MARKET RASEN, LN8 3UD - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 DOVECOTE is a large detached house of 132m², built sometime between 1967 and 1975. It was last sold for £175,000 in June 2009, which was around 2% below the average June 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

41 DOVECOTE Sold Prices

Land registry data shows three sales for 41 DOVECOTE 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. The three 41 DOVECOTE sales were a mix of below the average price, roughly equal to the average price, and 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
2009 26 JUN	£175,000	£177,904	2% below HPI
2006 15 SEP	£199,950	£183,699	9% above HPI
2000 7 AUG	£75,500	£75,134	Close to HPI

41 DOVECOTE 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 DOVECOTE sales between August 2000 and June 2009 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 September 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2009 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 41 DOVECOTE be worth now?

41 DOVECOTE might now be worth an estimated £280,268.

This is based on house price inflation of 60.2%, between June 2009 and December 2024, 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 60.2% inflationary increase is applied to the most recent sale price for 41 DOVECOTE of £175,000 on 26th June 2009. For the value to have increased from £175,000 to £280,268 over the fourteen years and six months to December 2024, the following assumptions must hold true:

• The value of 41 DOVECOTE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2009 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 41 DOVECOTE has not materially changed since June 2009.

How Large is 41 DOVECOTE?

41 DOVECOTE is 132m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 DOVECOTE lies on this distribution: 65% of detached houses houses are smaller than 41 DOVECOTE, and 35% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

41 DOVECOTE: Plot and Title Map

41 DOVECOTE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 41 DOVECOTE, 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 DOVECOTE). 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 DOVECOTE?

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