APRIL LODGE, MILL LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LE - £292,500

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

APRIL LODGE is a very large detached house of 190m². It was last sold for £292,500 in June 2018, which was around 32% above the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was B.

APRIL LODGE Sold Prices

Land registry data shows two sales for APRIL LODGE 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 APRIL LODGE 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
2018 11 JUN	£292,500	£221,675	32% above HPI
2016 2 SEP	£90,000	£201,570	55% below HPI

APRIL LODGE 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 APRIL LODGE sales from September 2016 and June 2018 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 September 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2018 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is APRIL LODGE?

APRIL LODGE is 190m² according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where APRIL LODGE lies on this distribution: 92% of detached houses are smaller than APRIL LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

APRIL LODGE: Plot and Title Map

APRIL LODGE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of APRIL LODGE, 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 APRIL LODGE). 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 APRIL LODGE?

APRIL LODGE is located on MILL LANE in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of APRIL LODGE on MILL LANE.