7, CHURCH MILL COURT, MARKET RASEN, LN8 3JN - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CHURCH MILL COURT is a very small terraced house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £217,743. It was last sold for £150,000 in February 2017, which was around 48% above the average February 2017 terraced price in the West Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

7 CHURCH MILL COURT Sold Prices

Land registry data shows two sales for 7 CHURCH MILL COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 7 CHURCH MILL COURT sales were for above 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
2017 8 FEB	£150,000	£101,133	48% above HPI
2006 13 DEC	£155,000	£99,602	56% above HPI

7 CHURCH MILL COURT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two 7 CHURCH MILL COURT sales from December 2006 and February 2017 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 December 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2017 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 7 CHURCH MILL COURT be worth now?

7 CHURCH MILL COURT might now be worth an estimated £217,743.

This is based on house price inflation of 45.2%, between February 2017 and July 2025, for terraced houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.2% inflationary increase is applied to the most recent sale price for 7 CHURCH MILL COURT of £150,000 on 8th February 2017. For the value to have increased from £150,000 to £217,743 over the seven years and seven months to July 2025, the following assumptions must hold true:

• The value of 7 CHURCH MILL COURT has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The February 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHURCH MILL COURT has not materially changed since February 2017.

How Large is 7 CHURCH MILL COURT?

7 CHURCH MILL COURT is 80m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of terraced houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Market Rasen, and where 7 CHURCH MILL COURT lies on this distribution: 17% of terraced houses houses are smaller than 7 CHURCH MILL COURT, and 83% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

7 CHURCH MILL COURT: Plot and Title Map

7 CHURCH MILL COURT sits on a plot of roughly 1.3 acres, or 5,369m². The below map shows the location of 7 CHURCH MILL COURT, 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 7 CHURCH MILL COURT). 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 7 CHURCH MILL COURT?

7 CHURCH MILL COURT is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 7 on CHURCH MILL COURT.