ASHCOTE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ - £142,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

ASHCOTE is a small semi-detached house of 91m², built sometime between 1983 and 1990. It was last sold for £142,000 in June 2020, which was around 35% below the average June 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

ASHCOTE Sold Prices

Land registry data shows three sales for ASHCOTE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three ASHCOTE 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
2020 25 JUN	£142,000	£218,791	35% below HPI
2009 19 JAN	£135,000	£163,801	18% below HPI
2001 1 JUN	£49,000	£82,505	41% below HPI

ASHCOTE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three ASHCOTE sales between June 2001 and June 2020 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 January 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is ASHCOTE?

ASHCOTE is 91m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where ASHCOTE lies on this distribution: 40% of detached houses are smaller than ASHCOTE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ludford.

ASHCOTE: Plot and Title Map

ASHCOTE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of ASHCOTE, 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 ASHCOTE). 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 ASHCOTE?

ASHCOTE is located on MAGNA MILE in LUDFORD, in the LN8 postcode district. The below map shows the position of ASHCOTE on MAGNA MILE.