IVY HOUSE, MAIN STREET, OSGODBY, MARKET RASEN, LN8 3PA - £322,000

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.

IVY HOUSE is a very small detached house of 39m², built sometime between 1967 and 1975, which could now be worth an estimated £464,280. It was last sold for £322,000 in October 2007, which was around 58% above the average October 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

IVY HOUSE Sold Prices

Land registry data shows two sales for IVY HOUSE 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 IVY 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
2007 30 OCT	£322,000	£204,020	58% above HPI
2002 18 OCT	£278,000	£114,639	143% above HPI

IVY 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 two IVY HOUSE sales from October 2002 and October 2007 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 October 2002 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the October 2007 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might IVY HOUSE be worth now?

IVY HOUSE might now be worth an estimated £464,280.

This is based on house price inflation of 44.2%, between October 2007 and March 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 44.2% inflationary increase is applied to the most recent sale price for IVY HOUSE of £322,000 on 30th October 2007. For the value to have increased from £322,000 to £464,280 over the eighteen years and seven months to March 2025, the following assumptions must hold true:

• The value of IVY HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2007 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of IVY HOUSE has not materially changed since October 2007.

How Large is IVY HOUSE?

IVY HOUSE is 39m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% 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 IVY HOUSE lies on this distribution: Less than 1% of detached houses houses are smaller than IVY HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

IVY HOUSE: Plot and Title Map

IVY HOUSE sits on a plot of roughly 0.511 of an acre, or 2,066m². The below map shows the location of IVY 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 IVY 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 IVY HOUSE?

IVY HOUSE is located on MAIN STREET in OSGODBY, in the LN8 postcode district. The below map shows the position of IVY HOUSE on MAIN STREET.