JAREBE, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

JAREBE is a small detached house of 105m², built sometime between 1983 and 1990. It was last sold for £215,000 in September 2011, which was around 17% above the average September 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was E.

JAREBE Sold Prices

Land registry data shows two sales for JAREBE 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. One of the two JAREBE sales was for above the average price, whilst the other was for below 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
2011 8 SEP	£215,000	£183,509	17% above HPI
2001 5 NOV	£84,000	£90,923	8% below HPI

JAREBE 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 JAREBE sales from November 2001 and September 2011 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 November 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2011 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might JAREBE be worth now?

JAREBE might now be worth an estimated £333,812.

This is based on house price inflation of 55.3%, between September 2011 and December 2024, 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 55.3% inflationary increase is applied to the most recent sale price for JAREBE of £215,000 on 8th September 2011. For the value to have increased from £215,000 to £333,812 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of JAREBE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2011 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of JAREBE has not materially changed since September 2011.

How Large is JAREBE?

JAREBE is 105m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of detached houses houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glentham, and where JAREBE lies on this distribution: 32% of detached houses houses are smaller than JAREBE, and 68% of houses are larger. Note that EPC data is not available for all properties in Glentham.

JAREBE: Plot and Title Map

JAREBE sits on a plot of roughly 0.282 of an acre, or 1,142m². The below map shows the location of JAREBE, 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 JAREBE). 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 JAREBE?

JAREBE is located on BISHOP NORTON ROAD in GLENTHAM, in the LN8 postcode district. The below map shows the position of JAREBE on BISHOP NORTON ROAD.