9, OLDE FARM COURT, SOUTH KELSEY, MARKET RASEN, LN7 6RH - £158,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 OLDE FARM COURT is a very small detached house of 56m², built sometime between 2003 and 2006. It was last sold for £158,000 in June 2021, which was around 39% below the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

9 OLDE FARM COURT Sold Prices

Land registry data shows two sales for 9 OLDE FARM COURT 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. Both of the two 9 OLDE FARM COURT 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 25 JUN	£158,000	£258,781	39% below HPI
2009 2 JUN	£120,000	£175,351	32% below HPI

9 OLDE FARM COURT 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 9 OLDE FARM COURT sales from June 2009 and June 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 June 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 9 OLDE FARM COURT?

9 OLDE FARM COURT is 56m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in South Kelsey, and where 9 OLDE FARM COURT lies on this distribution: Less than 1% of detached houses are smaller than 9 OLDE FARM COURT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

9 OLDE FARM COURT: Plot and Title Map

9 OLDE FARM COURT sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 9 OLDE FARM 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 9 OLDE FARM 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 9 OLDE FARM COURT?

9 OLDE FARM COURT is located in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of No. 9 on OLDE FARM COURT.