LIATHACH, CHURCH STREET, MIDDLE RASEN, MARKET RASEN, LN8 3TR - £180,000

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

LIATHACH is a very large extended detached house of 166m², built sometime between 1976 and 1982, which could now be worth an estimated £275,445. It was last sold for £180,000 in April 2014, which was around 3% below the average April 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

LIATHACH Sold Prices

Land registry data shows three sales for LIATHACH 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. One of the three LIATHACH sales was for below the average price, whilst two 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
2014 4 APR	£180,000	£186,191	3% below HPI
2002 29 NOV	£120,000	£114,203	5% above HPI
1999 8 SEP	£75,000	£72,263	4% above HPI

LIATHACH 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 LIATHACH sales between September 1999 and April 2014 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 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might LIATHACH be worth now?

LIATHACH might now be worth an estimated £275,445.

This is based on house price inflation of 53%, between April 2014 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 53% inflationary increase is applied to the most recent sale price for LIATHACH of £180,000 on 4th April 2014. For the value to have increased from £180,000 to £275,445 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of LIATHACH has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of LIATHACH has not materially changed since April 2014.

How Large is LIATHACH?

LIATHACH is 166m², which includes three extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where LIATHACH lies on this distribution: 89% of detached houses houses are smaller than LIATHACH, and 11% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

LIATHACH: Plot and Title Map

LIATHACH sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of LIATHACH, 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 LIATHACH). 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 LIATHACH?

LIATHACH is located on CHURCH STREET in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of LIATHACH on CHURCH STREET.