CHERITON, MILL LANE, OSGODBY, MARKET RASEN, LN8 3TB - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHERITON is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £260,000 in February 2019, which was around 17% above the average February 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was D.

CHERITON Sold Prices

Land registry data shows two sales for CHERITON 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 CHERITON 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
2019 28 FEB	£260,000	£221,723	17% above HPI
2004 25 AUG	£186,000	£177,543	5% above HPI

CHERITON 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 CHERITON sales from August 2004 and February 2019 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 August 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is CHERITON?

CHERITON is 112m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Osgodby, based on EPC data. The below chart shows the distribution of detached houses by size in Osgodby, and where CHERITON lies on this distribution: 33% of detached houses are smaller than CHERITON, and 67% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

CHERITON: Plot and Title Map

CHERITON sits on a plot of roughly 0.364 of an acre, or 1,474m². The below map shows the location of CHERITON, 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 CHERITON). 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 CHERITON?

CHERITON is located on MILL LANE in OSGODBY, in the LN8 postcode district. The below map shows the position of CHERITON on MILL LANE.