HAWESMEAD HOUSE, MIDDLE STREET, NORTH KELSEY, MARKET RASEN, LN7 6EH - £362,500

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.

HAWESMEAD HOUSE is a midsized extended detached house of 123m², built sometime between 1900 and 1929, which could now be worth an estimated £410,581. It was last sold for £362,500 in October 2021, which was around 41% above the average October 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

HAWESMEAD HOUSE Sold Prices

Land registry data shows three sales for HAWESMEAD HOUSE 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 HAWESMEAD HOUSE 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
2021 19 OCT	£362,500	£257,023	41% above HPI
2002 5 JUN	£137,000	£100,740	36% above HPI
1997 1 JUL	£83,000	£65,449	27% above HPI

HAWESMEAD HOUSE 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 HAWESMEAD HOUSE sales between July 1997 and October 2021 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 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might HAWESMEAD HOUSE be worth now?

HAWESMEAD HOUSE might now be worth an estimated £410,581.

This is based on house price inflation of 13.3%, between October 2021 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 13.3% inflationary increase is applied to the most recent sale price for HAWESMEAD HOUSE of £362,500 on 19th October 2021. For the value to have increased from £362,500 to £410,581 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of HAWESMEAD HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2021 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of HAWESMEAD HOUSE has not materially changed since October 2021.

How Large is HAWESMEAD HOUSE?

HAWESMEAD HOUSE is 123m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% 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 HAWESMEAD HOUSE lies on this distribution: 48% of detached houses houses are smaller than HAWESMEAD HOUSE, and 52% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

HAWESMEAD HOUSE: Plot and Title Map

HAWESMEAD HOUSE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of HAWESMEAD HOUSE, 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 HAWESMEAD HOUSE). 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 HAWESMEAD HOUSE?

HAWESMEAD HOUSE is located on MIDDLE STREET in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of HAWESMEAD HOUSE on MIDDLE STREET.