49, CAISTOR ROAD, MARKET RASEN, LN8 3HY - £155,000

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

49 CAISTOR ROAD is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £155,000 in February 2018, which was around 28% below the average February 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

49 CAISTOR ROAD Sold Prices

Land registry data shows two sales for 49 CAISTOR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 49 CAISTOR ROAD 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
2018 5 FEB	£155,000	£216,492	28% below HPI
1998 23 JAN	£49,950	£67,362	26% below HPI

49 CAISTOR 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 two 49 CAISTOR ROAD sales from January 1998 and February 2018 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 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 49 CAISTOR ROAD?

49 CAISTOR ROAD is 73m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 49 CAISTOR ROAD lies on this distribution: 12% of detached houses are smaller than 49 CAISTOR ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

49 CAISTOR ROAD: Plot and Title Map

49 CAISTOR ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 49 CAISTOR 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 49 CAISTOR 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 49 CAISTOR ROAD?

49 CAISTOR ROAD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 49 on CAISTOR ROAD.