62, GORDON FIELD, MARKET RASEN, LN8 3AF - £180,000

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

62 GORDON FIELD is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £180,000 in June 2018, which was around 19% below the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

62 GORDON FIELD Sold Prices

Land registry data shows two sales for 62 GORDON FIELD 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 62 GORDON FIELD 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
2018 15 JUN	£180,000	£221,675	19% below HPI
1999 21 MAY	£60,000	£65,557	8% below HPI

62 GORDON FIELD 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 62 GORDON FIELD sales from May 1999 and June 2018 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 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 62 GORDON FIELD?

62 GORDON FIELD is 82m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 62 GORDON FIELD lies on this distribution: 18% of detached houses are smaller than 62 GORDON FIELD, and 81% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

62 GORDON FIELD: Plot and Title Map

62 GORDON FIELD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 62 GORDON FIELD, 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 62 GORDON FIELD). 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 62 GORDON FIELD?

62 GORDON FIELD is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 62 on GORDON FIELD.