Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
41 MANOR RISE is a very small semi-detached house of 63m², built sometime between 1983 and 1990. It was last sold for £145,000 in June 2019, which was around 32% below the average June 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 41 MANOR RISE since 1st 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. All of the five 41 MANOR RISE 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 28 JUN | £145,000 | £214,477 | 32% below HPI |
2016 8 JAN | £128,000 | £199,792 | 36% below HPI |
2010 28 MAY | £128,000 | £181,452 | 29% below HPI |
2004 9 JUL | £120,000 | £171,695 | 30% below HPI |
2001 13 JUL | £57,450 | £84,676 | 32% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The five 41 MANOR RISE sales between July 2001 and June 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 January 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
41 MANOR RISE is 63m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 41 MANOR RISE lies on this distribution: 3% of detached houses are smaller than 41 MANOR RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Reepham.
41 MANOR RISE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 41 MANOR RISE, 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 MANOR RISE). 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.
41 MANOR RISE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 41 on MANOR RISE.