LONSDALE HOUSE, WILLINGHAM ROAD, MARKET RASEN, LN8 3DX - £150,000

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

LONSDALE HOUSE is a very large extended detached house of 296m², built sometime between 1930 and 1949. It was last sold for £150,000 in July 2016, which was around 25% below the average July 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

LONSDALE HOUSE Sold Prices

Land registry data shows three sales for LONSDALE HOUSE 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 LONSDALE HOUSE 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
2016 1 JUL	£150,000	£199,017	25% below HPI
1998 29 JUL	£92,500	£69,742	33% above HPI
1997 10 OCT	£95,000	£69,618	36% above HPI

LONSDALE 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 three LONSDALE HOUSE sales between October 1997 and July 2016 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 July 1998 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is LONSDALE HOUSE?

LONSDALE HOUSE is 296m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where LONSDALE HOUSE lies on this distribution: 99% of detached houses are smaller than LONSDALE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

LONSDALE HOUSE: Plot and Title Map

LONSDALE HOUSE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of LONSDALE 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 LONSDALE 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 LONSDALE HOUSE?

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