OLD STABLES, CHURCH STREET, MARKET RASEN, LN8 3ET - £178,500

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.

OLD STABLES is a large detached house of 132m², built sometime before 1900, which could now be worth an estimated £272,159. It was last sold for £178,500 in June 2015, which was around 7% below the average June 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

OLD STABLES Sold Prices

Land registry data shows three sales for OLD STABLES 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. Two of the three OLD STABLES sales were for below the average price, whilst one was 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
2015 4 JUN	£178,500	£190,932	7% below HPI
2002 15 MAR	£115,000	£100,416	15% above HPI
2001 21 SEP	£87,000	£88,525	2% below HPI

OLD STABLES 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 OLD STABLES sales between September 2001 and June 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 March 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might OLD STABLES be worth now?

OLD STABLES might now be worth an estimated £272,159.

This is based on house price inflation of 52.5%, between June 2015 and February 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 52.5% inflationary increase is applied to the most recent sale price for OLD STABLES of £178,500 on 4th June 2015. For the value to have increased from £178,500 to £272,159 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of OLD STABLES has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2015 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of OLD STABLES has not materially changed since June 2015.

How Large is OLD STABLES?

OLD STABLES is 132m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where OLD STABLES lies on this distribution: 76% of detached houses houses are smaller than OLD STABLES, and 24% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

OLD STABLES: Plot and Title Map

OLD STABLES sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of OLD STABLES, 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 OLD STABLES). 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 OLD STABLES?

OLD STABLES is located on CHURCH STREET in MARKET RASEN, in the LN8 postcode district. The below map shows the position of OLD STABLES on CHURCH STREET.