GLENDALE, WALESBY ROAD, MARKET RASEN, LN8 3EY - £343,400

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

GLENDALE is a very large extended detached house of 151m², built sometime between 1930 and 1949. It was last sold for £343,400 in May 2018, which was around 56% above the average May 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

GLENDALE Sold Prices

Land registry data shows two sales for GLENDALE 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 GLENDALE 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
2018 31 MAY	£343,400	£220,537	56% above HPI
2013 1 JUL	£190,000	£175,259	8% above HPI

GLENDALE 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 GLENDALE sales from July 2013 and May 2018 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 July 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is GLENDALE?

GLENDALE is 151m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where GLENDALE lies on this distribution: 84% of detached houses are smaller than GLENDALE, and 15% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

GLENDALE: Plot and Title Map

GLENDALE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of GLENDALE, 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 GLENDALE). 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 GLENDALE?

GLENDALE is located on WALESBY ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of GLENDALE on WALESBY ROAD.