FIELD FARM, SAND LANE, OSGODBY, MARKET RASEN, LN8 3TE - £350,000

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.

FIELD FARM is a small extended detached house of 101m², built sometime between 1900 and 1929, which could now be worth an estimated £539,668. It was last sold for £350,000 in January 2015, which was around 85% above the average January 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

FIELD FARM Sold Prices

Land registry data shows two sales for FIELD FARM 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 FIELD FARM 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
2015 9 JAN	£350,000	£188,801	85% above HPI
2001 13 DEC	£191,600	£90,381	112% above HPI

FIELD FARM 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 FIELD FARM sales from December 2001 and January 2015 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 December 2001 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the January 2015 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might FIELD FARM be worth now?

FIELD FARM might now be worth an estimated £539,668.

This is based on house price inflation of 54.2%, between January 2015 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 54.2% inflationary increase is applied to the most recent sale price for FIELD FARM of £350,000 on 9th January 2015. For the value to have increased from £350,000 to £539,668 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of FIELD FARM has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of FIELD FARM has not materially changed since January 2015.

How Large is FIELD FARM?

FIELD FARM is 101m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Osgodby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Osgodby, and where FIELD FARM lies on this distribution: 27% of detached houses houses are smaller than FIELD FARM, and 73% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

FIELD FARM: Plot and Title Map

FIELD FARM sits on a plot of roughly 9.1 acres, or 36,822m². The below map shows the location of FIELD FARM, 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 FIELD FARM). 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 FIELD FARM?

FIELD FARM is located on SAND LANE in OSGODBY, in the LN8 postcode district. The below map shows the position of FIELD FARM on SAND LANE.