7, DOVECOTE, MIDDLE RASEN, MARKET RASEN, LN8 3UD - £166,000

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

7 DOVECOTE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £166,000 in January 2022, which was around 40% below the average January 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

7 DOVECOTE Sold Prices

Land registry data shows three sales for 7 DOVECOTE 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 7 DOVECOTE 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
2022 17 JAN	£166,000	£275,232	40% below HPI
2021 23 NOV	£146,000	£261,092	44% below HPI
1999 28 JUL	£58,000	£69,281	16% below HPI

7 DOVECOTE 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 7 DOVECOTE sales between July 1999 and January 2022 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 2021 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 7 DOVECOTE?

7 DOVECOTE is 76m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 7 DOVECOTE lies on this distribution: 11% of detached houses are smaller than 7 DOVECOTE, and 89% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

7 DOVECOTE: Plot and Title Map

7 DOVECOTE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 7 DOVECOTE, 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 DOVECOTE). 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 DOVECOTE?

7 DOVECOTE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 7 on DOVECOTE.