MEADOW RISE, MIDDLEFIELD LANE, GLENTHAM, MARKET RASEN, LN8 2ET - £187,000

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.

MEADOW RISE is a large detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £291,028. It was last sold for £187,000 in February 2015, which was around 1% below the average February 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

MEADOW RISE Sold Prices

Land registry data shows two sales for MEADOW RISE 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 MEADOW RISE sales were 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
2015 27 FEB	£187,000	£189,018	1% below HPI
2007 4 DEC	£175,000	£204,775	15% below HPI

MEADOW RISE 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 MEADOW RISE sales from December 2007 and February 2015 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might MEADOW RISE be worth now?

MEADOW RISE might now be worth an estimated £291,028.

This is based on house price inflation of 55.6%, between February 2015 and March 2025, 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 55.6% inflationary increase is applied to the most recent sale price for MEADOW RISE of £187,000 on 27th February 2015. For the value to have increased from £187,000 to £291,028 over the nine years and eleven months to March 2025, the following assumptions must hold true:

• The value of MEADOW RISE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2015 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW RISE has not materially changed since February 2015.

How Large is MEADOW RISE?

MEADOW RISE is 143m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 MEADOW RISE lies on this distribution: 68% of detached houses houses are smaller than MEADOW RISE, and 30% of houses are larger. Note that EPC data is not available for all properties in Glentham.

MEADOW RISE: Plot and Title Map

MEADOW RISE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of MEADOW RISE, 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 MEADOW RISE). 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 MEADOW RISE?

MEADOW RISE is located on MIDDLEFIELD LANE in GLENTHAM, in the LN8 postcode district. The below map shows the position of MEADOW RISE on MIDDLEFIELD LANE.