ASCOT, LEGSBY ROAD, MARKET RASEN, LN8 3DZ - £164,000

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

ASCOT is a large detached house of 127m², built sometime between 1950 and 1966. It was last sold for £164,000 in July 2014, which was around 11% below the average July 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

ASCOT Sold Prices

Land registry data shows two sales for ASCOT 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 ASCOT sales was for below the average price, whilst the other was 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
2014 18 JUL	£164,000	£184,669	11% below HPI
2007 13 NOV	£242,000	£205,610	18% above HPI

ASCOT 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 ASCOT sales from November 2007 and July 2014 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 November 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is ASCOT?

ASCOT is 127m² according to the EPC inspection conducted in July 2022. This puts it in the largest 30% 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 ASCOT lies on this distribution: 71% of detached houses are smaller than ASCOT, and 28% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

ASCOT: Plot and Title Map

ASCOT sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of ASCOT, 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 ASCOT). 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 ASCOT?

ASCOT is located on LEGSBY ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of ASCOT on LEGSBY ROAD.