51, CAISTOR ROAD, MARKET RASEN, LN8 3HY - £260,000

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

51 CAISTOR ROAD is a very large extended detached house of 145m², built sometime before 1900. It was last sold for £260,000 in October 2020, which was around 11% above the average October 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

51 CAISTOR ROAD Sold Prices

Land registry data shows five sales for 51 CAISTOR ROAD 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. The five 51 CAISTOR ROAD sales were a mix of above the average price, roughly equal to the average price, and 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 8 OCT	£260,000	£233,330	11% above HPI
2014 6 MAY	£190,000	£184,675	3% above HPI
2010 6 AUG	£168,000	£189,838	12% below HPI
2004 16 JUL	£171,000	£171,695	Close to HPI
1996 16 AUG	£60,000	£62,150	3% below HPI

51 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 five 51 CAISTOR ROAD sales between August 1996 and October 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 May 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 51 CAISTOR ROAD?

51 CAISTOR ROAD is 145m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 51 CAISTOR ROAD lies on this distribution: 81% of detached houses are smaller than 51 CAISTOR ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

51 CAISTOR ROAD: Plot and Title Map

51 CAISTOR ROAD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 51 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 51 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 51 CAISTOR ROAD?

51 CAISTOR ROAD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 51 on CAISTOR ROAD.