7, THE MEADOW, CAISTOR, MARKET RASEN, LN7 6XD - £220,000

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 THE MEADOW is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £220,000 in May 2020, which was around 2% below the average May 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

7 THE MEADOW Sold Prices

Land registry data shows three sales for 7 THE MEADOW 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. Two of the three 7 THE MEADOW sales were for below the average price, whilst one was 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
2020 22 MAY	£220,000	£224,348	2% below HPI
2006 4 DEC	£169,000	£188,712	10% below HPI
1997 19 FEB	£67,000	£64,228	4% above HPI

7 THE MEADOW 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 THE MEADOW sales between February 1997 and May 2020 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 THE MEADOW?

7 THE MEADOW is 121m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 7 THE MEADOW lies on this distribution: 54% of detached houses are smaller than 7 THE MEADOW, and 45% of houses are larger. Note that EPC data is not available for all properties in Caistor.

7 THE MEADOW: Plot and Title Map

7 THE MEADOW sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 7 THE MEADOW, 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 THE MEADOW). 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 THE MEADOW?

7 THE MEADOW is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 7 on THE MEADOW.