48, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £300,000

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

48 RASEN ROAD is a midsized extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £300,000 in February 2016, which was around 54% above the average February 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

48 RASEN ROAD Sold Prices

Land registry data shows four sales for 48 RASEN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 48 RASEN ROAD 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
2016 8 FEB	£300,000	£194,862	54% above HPI
2008 12 JUN	£325,000	£184,333	76% above HPI
2002 12 NOV	£225,000	£112,564	100% above HPI
1997 12 AUG	£134,500	£66,968	101% above HPI

48 RASEN ROAD 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 four 48 RASEN ROAD sales between August 1997 and February 2016 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 June 2008 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the February 2016 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 48 RASEN ROAD?

48 RASEN ROAD is 152m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 48 RASEN ROAD lies on this distribution: 54% of detached houses are smaller than 48 RASEN ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Tealby.

48 RASEN ROAD: Plot and Title Map

48 RASEN ROAD sits on a plot of roughly 0.430 of an acre, or 1,741m². The below map shows the location of 48 RASEN ROAD, 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 48 RASEN ROAD). 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 48 RASEN ROAD?

48 RASEN ROAD is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 48 on RASEN ROAD.