7, PLOUGH DRIVE, MARKET RASEN, LN8 3DW - £207,500

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 PLOUGH DRIVE is a midsized detached house of 106m², built sometime between 2003 and 2006. It was last sold for £207,500 in March 2021, which was around 17% below the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

7 PLOUGH DRIVE Sold Prices

Land registry data shows five sales for 7 PLOUGH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 7 PLOUGH 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
2021 15 MAR	£207,500	£250,795	17% below HPI
2020 17 JAN	£216,500	£225,942	4% below HPI
2014 20 MAR	£159,950	£185,238	14% below HPI
2008 14 MAR	£162,000	£190,220	15% below HPI
2006 30 JUN	£159,995	£173,252	8% below HPI

7 PLOUGH 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 five 7 PLOUGH DRIVE sales between June 2006 and March 2021 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 January 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 PLOUGH DRIVE?

7 PLOUGH DRIVE is 106m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% 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 7 PLOUGH DRIVE lies on this distribution: 49% of detached houses are smaller than 7 PLOUGH DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

7 PLOUGH DRIVE: Plot and Title Map

7 PLOUGH DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 7 PLOUGH 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 7 PLOUGH 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 7 PLOUGH DRIVE?

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