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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 OLDE FARM COURT is a very small detached house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £175,191. It was last sold for £158,000 in June 2021, which was around 40% 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	£262,548	40% below HPI
2009 2 JUN	£120,000	£177,904	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 9 OLDE FARM COURT be worth now?

9 OLDE FARM COURT might now be worth an estimated £175,191.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 9 OLDE FARM COURT of £158,000 on 25th June 2021. For the value to have increased from £158,000 to £175,191 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 9 OLDE FARM COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2021 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OLDE FARM COURT has not materially changed since June 2021.

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 houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where 9 OLDE FARM COURT lies on this distribution: Less than 1% of detached houses 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.