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

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

IVY HOUSE is a very small detached house of 39m², built sometime between 1967 and 1975. It was last sold for £322,000 in October 2007, which was around 60% 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	£201,093	60% above HPI
2002 18 OCT	£278,000	£112,995	146% 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 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the October 2007 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

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 in Osgodby, based on EPC data. The below chart shows the distribution of detached houses by size in Osgodby, and where IVY HOUSE lies on this distribution: Less than 1% of detached 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 0.510 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.