53, LAMMAS LEAS ROAD, MARKET RASEN, LN8 3AP - £220,000

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

53 LAMMAS LEAS ROAD is a large extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £220,000 in November 2020, which was around 6% below the average November 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was D.

53 LAMMAS LEAS ROAD Sold Prices

Land registry data shows three sales for 53 LAMMAS LEAS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 53 LAMMAS LEAS 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
2020 23 NOV	£220,000	£235,136	6% below HPI
2018 23 MAR	£200,000	£213,838	6% below HPI
1995 30 NOV	£43,000	£58,323	26% below HPI

53 LAMMAS LEAS 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 three 53 LAMMAS LEAS ROAD sales between November 1995 and November 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 March 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2020 sale, which was also at 6% below the HPI.

How Large is 53 LAMMAS LEAS ROAD?

53 LAMMAS LEAS ROAD is 134m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 53 LAMMAS LEAS ROAD lies on this distribution: 77% of detached houses are smaller than 53 LAMMAS LEAS ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

53 LAMMAS LEAS ROAD: Plot and Title Map

53 LAMMAS LEAS ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 53 LAMMAS LEAS 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 53 LAMMAS LEAS 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 53 LAMMAS LEAS ROAD?

53 LAMMAS LEAS ROAD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 53 on LAMMAS LEAS ROAD.