ECLIPSE, MAIDENWELL LANE, NORTH KELSEY, MARKET RASEN, LN7 6EY - £369,000

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.

ECLIPSE is a large detached house of 190m², built sometime between 1991 and 1995, which could now be worth an estimated £450,293. It was last sold for £369,000 in November 2020, which was around 55% above the average November 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

ECLIPSE Sold Prices

Land registry data shows three sales for ECLIPSE 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 ECLIPSE 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
2020 2 NOV	£369,000	£238,558	55% above HPI
2008 30 MAY	£285,000	£187,854	52% above HPI
2004 13 JUL	£248,000	£174,194	42% above HPI

ECLIPSE 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 ECLIPSE sales between July 2004 and November 2020 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 May 2008 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2020 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might ECLIPSE be worth now?

ECLIPSE might now be worth an estimated £450,293.

This is based on house price inflation of 22%, between November 2020 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 22% inflationary increase is applied to the most recent sale price for ECLIPSE of £369,000 on 2nd November 2020. For the value to have increased from £369,000 to £450,293 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of ECLIPSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2020 sale price of £369,000 represented a fair market value for the property.
• The size, condition, and specification of ECLIPSE has not materially changed since November 2020.

How Large is ECLIPSE?

ECLIPSE is 190m² according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of detached houses houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Kelsey, and where ECLIPSE lies on this distribution: 79% of detached houses houses are smaller than ECLIPSE, and 21% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

ECLIPSE: Plot and Title Map

ECLIPSE sits on a plot of roughly 0.263 of an acre, or 1,064m². The below map shows the location of ECLIPSE, 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 ECLIPSE). 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 ECLIPSE?

ECLIPSE is located on MAIDENWELL LANE in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of ECLIPSE on MAIDENWELL LANE.