6, CHICHESTER DRIVE, CAISTOR, MARKET RASEN, LN7 6UJ - £170,000

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

6 CHICHESTER DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £170,000 in December 2019, which was around 24% below the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

6 CHICHESTER DRIVE Sold Prices

Land registry data shows two sales for 6 CHICHESTER DRIVE 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. Both of the two 6 CHICHESTER DRIVE 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
2019 9 DEC	£170,000	£224,429	24% below HPI
1998 7 AUG	£55,600	£71,439	22% below HPI

6 CHICHESTER DRIVE 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 6 CHICHESTER DRIVE sales from August 1998 and December 2019 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 August 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 CHICHESTER DRIVE?

6 CHICHESTER DRIVE is 71m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 6 CHICHESTER DRIVE lies on this distribution: 7% of detached houses are smaller than 6 CHICHESTER DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Caistor.

6 CHICHESTER DRIVE: Plot and Title Map

6 CHICHESTER DRIVE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 6 CHICHESTER DRIVE, 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 6 CHICHESTER DRIVE). 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 6 CHICHESTER DRIVE?

6 CHICHESTER DRIVE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 6 on CHICHESTER DRIVE.