55, CAISTOR ROAD, MARKET RASEN, LN8 3JA - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 CAISTOR ROAD is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2014, which was around 31% above the average August 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

55 CAISTOR ROAD Sold Prices

Land registry data shows two sales for 55 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. One of the two 55 CAISTOR ROAD 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
2014 28 AUG	£240,000	£182,973	31% above HPI
2013 4 NOV	£123,950	£184,629	33% below HPI

55 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 55 CAISTOR ROAD sales from November 2013 and August 2014 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 November 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 55 CAISTOR ROAD?

55 CAISTOR ROAD is 92m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 55 CAISTOR ROAD lies on this distribution: 29% of detached houses are smaller than 55 CAISTOR ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

55 CAISTOR ROAD: Plot and Title Map

55 CAISTOR ROAD sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of 55 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 55 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 55 CAISTOR ROAD?

55 CAISTOR ROAD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 55 on CAISTOR ROAD.