NINTIRRI, LOW CHURCH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3TY - £299,950

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

NINTIRRI is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £299,950 in March 2021, which was around 20% above the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

NINTIRRI Sold Prices

Land registry data shows two sales for NINTIRRI 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. One of the two NINTIRRI sales was for above the average price, whilst the other was 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
2021 1 MAR	£299,950	£250,795	20% above HPI
2018 17 AUG	£145,000	£226,699	36% below HPI

NINTIRRI 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 NINTIRRI sales from August 2018 and March 2021 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 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is NINTIRRI?

NINTIRRI is 93m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where NINTIRRI lies on this distribution: 31% of detached houses are smaller than NINTIRRI, and 67% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

NINTIRRI: Plot and Title Map

NINTIRRI sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of NINTIRRI, 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 NINTIRRI). 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 NINTIRRI?

NINTIRRI is located on LOW CHURCH ROAD in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of NINTIRRI on LOW CHURCH ROAD.