9, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £290,000

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

9 RASEN ROAD is a very small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £290,000 in October 2019, which was around 25% above the average October 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

9 RASEN ROAD Sold Prices

Land registry data shows two sales for 9 RASEN ROAD 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 RASEN ROAD sales were 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
2019 24 OCT	£290,000	£231,362	25% above HPI
2011 7 APR	£200,000	£175,359	14% above HPI

9 RASEN ROAD 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 RASEN ROAD sales from April 2011 and October 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 April 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 9 RASEN ROAD?

9 RASEN ROAD is 102m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 9 RASEN ROAD lies on this distribution: 16% of detached houses are smaller than 9 RASEN ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Tealby.

9 RASEN ROAD: Plot and Title Map

9 RASEN ROAD sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 9 RASEN ROAD, 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 RASEN ROAD). 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 RASEN ROAD?

9 RASEN ROAD is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 9 on RASEN ROAD.