49, GORDON FIELD, MARKET RASEN, LN8 3AD - £180,000

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 GORDON FIELD is a small semi-detached house of 86m², built sometime between 1967 and 1975. It was last sold for £180,000 in March 2023, which was around 33% below the average March 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

49 GORDON FIELD Sold Prices

Land registry data shows four sales for 49 GORDON FIELD 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 49 GORDON FIELD 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
2023 31 MAR	£180,000	£268,478	33% below HPI
2016 15 JUL	£125,000	£199,017	37% below HPI
2004 16 JUL	£110,000	£171,695	36% below HPI
2000 4 JUL	£44,500	£72,988	39% below HPI

49 GORDON FIELD 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 49 GORDON FIELD sales between July 2000 and March 2023 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 July 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 49 GORDON FIELD?

49 GORDON FIELD is 86m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 GORDON FIELD lies on this distribution: 22% of detached houses are smaller than 49 GORDON FIELD, and 77% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

49 GORDON FIELD: Plot and Title Map

49 GORDON FIELD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 49 GORDON FIELD, 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 GORDON FIELD). 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 GORDON FIELD?

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