5, CHARLOTTE LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LL - £223,000

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

5 CHARLOTTE LANE is a very large detached house of 153m². It was last sold for £223,000 in July 2015, which was around 16% above the average July 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

5 CHARLOTTE LANE Sold Prices

Land registry data shows two sales for 5 CHARLOTTE LANE 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. One of the two 5 CHARLOTTE LANE sales was for above the average price, whilst the other was 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
2015 30 JUL	£223,000	£192,441	16% above HPI
2007 6 JUN	£90,000	£185,874	52% below HPI

5 CHARLOTTE LANE 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 5 CHARLOTTE LANE sales from June 2007 and July 2015 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 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2015 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 CHARLOTTE LANE?

5 CHARLOTTE LANE is 153m² according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 5 CHARLOTTE LANE lies on this distribution: 83% of detached houses are smaller than 5 CHARLOTTE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

5 CHARLOTTE LANE: Plot and Title Map

5 CHARLOTTE LANE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 CHARLOTTE LANE, 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 5 CHARLOTTE LANE). 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 5 CHARLOTTE LANE?

5 CHARLOTTE LANE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 5 on CHARLOTTE LANE.