LINDEN HOUSE, WALESBY ROAD, MARKET RASEN, LN8 3EY - £365,000

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

LINDEN HOUSE is a very large detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £453,493. It was last sold for £365,000 in February 2020, which was around 59% above the average February 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

LINDEN HOUSE Sold Prices

Land registry data shows two sales for LINDEN 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 LINDEN 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
2020 28 FEB	£365,000	£229,321	59% above HPI
2013 19 DEC	£300,000	£188,315	59% above HPI

LINDEN 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 LINDEN HOUSE sales from December 2013 and February 2020 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 December 2013 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2020 sale, which was also at 59% above the HPI.

What might LINDEN HOUSE be worth now?

LINDEN HOUSE might now be worth an estimated £453,493.

This is based on house price inflation of 24.2%, between February 2020 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 24.2% inflationary increase is applied to the most recent sale price for LINDEN HOUSE of £365,000 on 28th February 2020. For the value to have increased from £365,000 to £453,493 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of LINDEN HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of LINDEN HOUSE has not materially changed since February 2020.

How Large is LINDEN HOUSE?

LINDEN HOUSE is 165m² according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where LINDEN HOUSE lies on this distribution: 89% of detached houses houses are smaller than LINDEN HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

LINDEN HOUSE: Plot and Title Map

LINDEN HOUSE sits on a plot of roughly 0.308 of an acre, or 1,246m². The below map shows the location of LINDEN 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 LINDEN 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 LINDEN HOUSE?

LINDEN HOUSE is located on WALESBY ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of LINDEN HOUSE on WALESBY ROAD.