8, LAPWING CLOSE, MARKET RASEN, LN8 3BD - £223,000

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

8 LAPWING CLOSE is a midsized detached house of 113m². It was last sold for £223,000 in August 2019, which was around 1% above the average August 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

8 LAPWING CLOSE Sold Prices

Land registry data shows two sales for 8 LAPWING CLOSE 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. One of the two 8 LAPWING CLOSE sales was for above the average price, whilst the other was 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
2019 23 AUG	£223,000	£221,167	1% above HPI
2010 14 OCT	£160,000	£193,218	17% below HPI

8 LAPWING CLOSE 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 8 LAPWING CLOSE sales from October 2010 and August 2019 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 October 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 LAPWING CLOSE?

8 LAPWING CLOSE is 113m² according to the EPC inspection conducted in June 2009. This puts it in the largest 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 8 LAPWING CLOSE lies on this distribution: 55% of detached houses are smaller than 8 LAPWING CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

8 LAPWING CLOSE: Plot and Title Map

8 LAPWING CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 LAPWING CLOSE, 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 8 LAPWING CLOSE). 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 8 LAPWING CLOSE?

8 LAPWING CLOSE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 8 on LAPWING CLOSE.