MEADOW VIEW, MIDDLEFIELD LANE, GLENTHAM, MARKET RASEN, LN8 2ET - £249,950

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

MEADOW VIEW is a very large detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £403,049. It was last sold for £249,950 in January 2013, which was around 41% above the average January 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

MEADOW VIEW Sold Prices

Land registry data shows two sales for MEADOW VIEW 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 VIEW 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
2013 18 JAN	£249,950	£176,692	41% above HPI
1999 16 AUG	£104,000	£70,022	49% above HPI

MEADOW VIEW 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 VIEW sales from August 1999 and January 2013 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 August 1999 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2013 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might MEADOW VIEW be worth now?

MEADOW VIEW might now be worth an estimated £403,049.

This is based on house price inflation of 61.3%, between January 2013 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 61.3% inflationary increase is applied to the most recent sale price for MEADOW VIEW of £249,950 on 18th January 2013. For the value to have increased from £249,950 to £403,049 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of MEADOW VIEW has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2013 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of MEADOW VIEW has not materially changed since January 2013.

How Large is MEADOW VIEW?

MEADOW VIEW is 162m² according to the EPC inspection conducted in April 2011. This puts it in the largest 20% 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 VIEW lies on this distribution: 83% of detached houses houses are smaller than MEADOW VIEW, and 17% of houses are larger. Note that EPC data is not available for all properties in Glentham.

MEADOW VIEW: Plot and Title Map

MEADOW VIEW sits on a plot of roughly 0.309 of an acre, or 1,250m². The below map shows the location of MEADOW VIEW, 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 VIEW). 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 VIEW?

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