MULBERRY HOUSE, ARCHER STREET, BISHOP NORTON, MARKET RASEN, LN8 2BG - £360,000

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

MULBERRY HOUSE is a large detached house of 217m², which could now be worth an estimated £435,427. It was last sold for £360,000 in August 2020, which was around 53% above the average August 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

MULBERRY HOUSE Sold Prices

Land registry data shows three sales for MULBERRY 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. All of the three MULBERRY 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 3 AUG	£360,000	£235,564	53% above HPI
2018 11 MAY	£320,000	£223,747	43% above HPI
2011 10 JAN	£300,000	£184,892	62% above HPI

MULBERRY 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 MULBERRY HOUSE sales between January 2011 and August 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 May 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might MULBERRY HOUSE be worth now?

MULBERRY HOUSE might now be worth an estimated £435,427.

This is based on house price inflation of 21%, between August 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 21% inflationary increase is applied to the most recent sale price for MULBERRY HOUSE of £360,000 on 3rd August 2020. For the value to have increased from £360,000 to £435,427 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of MULBERRY HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of MULBERRY HOUSE has not materially changed since August 2020.

How Large is MULBERRY HOUSE?

MULBERRY HOUSE is 217m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses houses in Bishop Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Norton, and where MULBERRY HOUSE lies on this distribution: 68% of detached houses houses are smaller than MULBERRY HOUSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Bishop Norton.

MULBERRY HOUSE: Plot and Title Map

MULBERRY HOUSE sits on a plot of roughly 234.5 acres, or 949,045m². The below map shows the location of MULBERRY 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 MULBERRY 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 MULBERRY HOUSE?

MULBERRY HOUSE is located on ARCHER STREET in BISHOP NORTON, in the LN8 postcode district. The below map shows the position of MULBERRY HOUSE on ARCHER STREET.