ASHRIDGE, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £169,950

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.

ASHRIDGE is a very small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £279,006. It was last sold for £169,950 in November 2009, which was around 4% below the average November 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

ASHRIDGE Sold Prices

Land registry data shows two sales for ASHRIDGE 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 ASHRIDGE 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
2009 27 NOV	£169,950	£177,325	4% below HPI
2004 15 APR	£143,000	£155,617	8% below HPI

ASHRIDGE 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 ASHRIDGE sales from April 2004 and November 2009 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2009 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might ASHRIDGE be worth now?

ASHRIDGE might now be worth an estimated £279,006.

This is based on house price inflation of 64.2%, between November 2009 and February 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 64.2% inflationary increase is applied to the most recent sale price for ASHRIDGE of £169,950 on 27th November 2009. For the value to have increased from £169,950 to £279,006 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of ASHRIDGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2009 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of ASHRIDGE has not materially changed since November 2009.

How Large is ASHRIDGE?

ASHRIDGE is 88m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glentham, and where ASHRIDGE lies on this distribution: 17% of detached houses houses are smaller than ASHRIDGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Glentham.

ASHRIDGE: Plot and Title Map

ASHRIDGE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of ASHRIDGE, 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 ASHRIDGE). 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 ASHRIDGE?

ASHRIDGE is located on BISHOP NORTON ROAD in GLENTHAM, in the LN8 postcode district. The below map shows the position of ASHRIDGE on BISHOP NORTON ROAD.