CHIMNEY POTS, WASHDYKE LANE, GLENTHAM, MARKET RASEN, LN8 2ER - £238,000

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

CHIMNEY POTS is a small detached house of 110m², built sometime between 1950 and 1966. It was last sold for £238,000 in November 2016, which was around 16% above the average November 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

CHIMNEY POTS Sold Prices

Land registry data shows two sales for CHIMNEY POTS 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 CHIMNEY POTS 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
2016 11 NOV	£238,000	£205,472	16% above HPI
2007 22 JUN	£210,000	£185,874	13% above HPI

CHIMNEY POTS 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 CHIMNEY POTS sales from June 2007 and November 2016 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 June 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is CHIMNEY POTS?

CHIMNEY POTS is 110m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where CHIMNEY POTS lies on this distribution: 38% of detached houses are smaller than CHIMNEY POTS, and 59% of houses are larger. Note that EPC data is not available for all properties in Glentham.

CHIMNEY POTS: Plot and Title Map

CHIMNEY POTS sits on a plot of roughly 0.301 of an acre, or 1,217m². The below map shows the location of CHIMNEY POTS, 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 CHIMNEY POTS). 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 CHIMNEY POTS?

CHIMNEY POTS is located on WASHDYKE LANE in GLENTHAM, in the LN8 postcode district. The below map shows the position of CHIMNEY POTS on WASHDYKE LANE.