LA RUSTICA, TIMBERLAND ROAD, MARTIN, LINCOLN, LN4 3QS - £217,000

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.

LA RUSTICA is a large semi-detached house of 158m², built sometime between 2003 and 2006, which could now be worth an estimated £268,779. It was last sold for £217,000 in January 2019, which was around 32% above the average January 2019 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

LA RUSTICA Sold Prices

Land registry data shows three sales for LA RUSTICA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three LA RUSTICA sales were for above the average price, whilst one 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
2019 18 JAN	£217,000	£164,543	32% above HPI
2015 11 SEP	£170,000	£137,494	24% above HPI
2002 10 MAY	£57,000	£62,287	8% below HPI

LA RUSTICA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three LA RUSTICA sales between May 2002 and January 2019 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 September 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might LA RUSTICA be worth now?

LA RUSTICA might now be worth an estimated £268,779.

This is based on house price inflation of 23.9%, between January 2019 and February 2025, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for LA RUSTICA of £217,000 on 18th January 2019. For the value to have increased from £217,000 to £268,779 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of LA RUSTICA has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The January 2019 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of LA RUSTICA has not materially changed since January 2019.

How Large is LA RUSTICA?

LA RUSTICA is 158m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of semi-detached houses houses in Martin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Martin, and where LA RUSTICA lies on this distribution: 63% of semi-detached houses houses are smaller than LA RUSTICA, and 37% of houses are larger. Note that EPC data is not available for all properties in Martin.

LA RUSTICA: Plot and Title Map

LA RUSTICA sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of LA RUSTICA, 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 LA RUSTICA). 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 LA RUSTICA?

LA RUSTICA is located on TIMBERLAND ROAD in MARTIN, in the LN4 postcode district. The below map shows the position of LA RUSTICA on TIMBERLAND ROAD.