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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CAUSEWAY COTTAGE is a midsized extended detached house of 146m², built sometime between 2003 and 2006, which could now be worth an estimated £544,440. It was last sold for £487,000 in May 2021, which was around 91% 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	£254,859	91% above HPI
2009 23 OCT	£272,000	£178,027	53% above HPI
2007 28 MAR	£243,000	£185,212	31% 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2021 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might CAUSEWAY COTTAGE be worth now?

CAUSEWAY COTTAGE might now be worth an estimated £544,440.

This is based on house price inflation of 11.8%, between May 2021 and December 2024, 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 11.8% inflationary increase is applied to the most recent sale price for CAUSEWAY COTTAGE of £487,000 on 21st May 2021. For the value to have increased from £487,000 to £544,440 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of CAUSEWAY COTTAGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2021 sale price of £487,000 represented a fair market value for the property.
• The size, condition, and specification of CAUSEWAY COTTAGE has not materially changed since May 2021.

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 houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tealby, and where CAUSEWAY COTTAGE lies on this distribution: 47% of detached houses 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 0.239 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.