ASHLEA, WALESBY ROAD, MARKET RASEN, LN8 3EY - £163,500

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.

ASHLEA is a midsized extended detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £266,984. It was last sold for £163,500 in June 2011, which was around 9% below the average June 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.

ASHLEA Sold Prices

Land registry data shows two sales for ASHLEA 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 ASHLEA 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
2011 17 JUN	£163,500	£180,078	9% below HPI
1999 17 SEP	£52,000	£72,263	28% below HPI

ASHLEA 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 ASHLEA sales from September 1999 and June 2011 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 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might ASHLEA be worth now?

ASHLEA might now be worth an estimated £266,984.

This is based on house price inflation of 63.3%, between June 2011 and July 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 63.3% inflationary increase is applied to the most recent sale price for ASHLEA of £163,500 on 17th June 2011. For the value to have increased from £163,500 to £266,984 over the thirteen years and eleven months to July 2025, the following assumptions must hold true:

• The value of ASHLEA has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2011 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of ASHLEA has not materially changed since June 2011.

How Large is ASHLEA?

ASHLEA is 107m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where ASHLEA lies on this distribution: 49% of detached houses houses are smaller than ASHLEA, and 50% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

ASHLEA: Plot and Title Map

ASHLEA sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of ASHLEA, 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 ASHLEA). 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 ASHLEA?

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