43, DOVECOTE, MIDDLE RASEN, MARKET RASEN, LN8 3UD - £257,500

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

43 DOVECOTE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £257,500 in April 2020, which was around 13% above the average April 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

43 DOVECOTE Sold Prices

Land registry data shows five sales for 43 DOVECOTE 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. One of the five 43 DOVECOTE sales was for above the average price, whilst two 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
2020 9 APR	£257,500	£228,856	13% above HPI
2018 29 AUG	£190,000	£229,999	17% below HPI
2001 14 AUG	£85,000	£84,604	Close to HPI
1996 22 MAR	£56,000	£61,502	9% below HPI
1995 22 DEC	£60,000	£60,058	Close to HPI

43 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 five 43 DOVECOTE sales between December 1995 and April 2020 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 August 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 43 DOVECOTE be worth now?

43 DOVECOTE might now be worth an estimated £320,580.

This is based on house price inflation of 24.5%, between April 2020 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 24.5% inflationary increase is applied to the most recent sale price for 43 DOVECOTE of £257,500 on 9th April 2020. For the value to have increased from £257,500 to £320,580 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 43 DOVECOTE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2020 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 43 DOVECOTE has not materially changed since April 2020.

How Large is 43 DOVECOTE?

43 DOVECOTE is 114m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% 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 43 DOVECOTE lies on this distribution: 48% of detached houses houses are smaller than 43 DOVECOTE, and 51% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

43 DOVECOTE: Plot and Title Map

43 DOVECOTE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 43 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 43 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 43 DOVECOTE?

43 DOVECOTE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 43 on DOVECOTE.