CAUSEWAY COTTAGE, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £487,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CAUSEWAY COTTAGE is a midsized extended detached house of 146m², built sometime between 2003 and 2006. It was last sold for £487,000 in May 2021, which was around 94% above the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

CAUSEWAY COTTAGE Sold Prices

Land registry data shows three sales for CAUSEWAY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three CAUSEWAY COTTAGE sales were 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
2021 21 MAY	£487,000	£251,203	94% above HPI
2009 23 OCT	£272,000	£175,473	55% above HPI
2007 28 MAR	£243,000	£182,554	33% above HPI

CAUSEWAY COTTAGE 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 three CAUSEWAY COTTAGE sales between March 2007 and May 2021 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 October 2009 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2021 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is CAUSEWAY COTTAGE?

CAUSEWAY COTTAGE is 146m², which includes three extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where CAUSEWAY COTTAGE lies on this distribution: 47% of detached houses are smaller than CAUSEWAY COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Tealby.

CAUSEWAY COTTAGE: Plot and Title Map

CAUSEWAY COTTAGE sits on a plot of roughly 0.240 of an acre, or 969m². The below map shows the location of CAUSEWAY COTTAGE, 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 CAUSEWAY COTTAGE). 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 CAUSEWAY COTTAGE?

CAUSEWAY COTTAGE is located on RASEN ROAD in TEALBY, in the LN8 postcode district. The below map shows the position of CAUSEWAY COTTAGE on RASEN ROAD.