PELHAM HOUSE, MOORTOWN ROAD, NETTLETON, MARKET RASEN, LN7 6AA - £425,000

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

PELHAM HOUSE is a very large extended detached house of 276m², built sometime before 1900. It was last sold for £425,000 in July 2014, which was around 130% above the average July 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was D.

PELHAM HOUSE Sold Prices

Land registry data shows three sales for PELHAM 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 PELHAM 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
2014 2 JUL	£425,000	£184,669	130% above HPI
2010 15 NOV	£420,000	£193,281	117% above HPI
2000 27 JUN	£149,999	£74,087	102% above HPI

PELHAM 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 PELHAM HOUSE sales between June 2000 and July 2014 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 November 2010 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the July 2014 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is PELHAM HOUSE?

PELHAM HOUSE is 276m², which includes four extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where PELHAM HOUSE lies on this distribution: 98% of detached houses are smaller than PELHAM HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

PELHAM HOUSE: Plot and Title Map

PELHAM HOUSE sits on a plot of roughly 0.540 of an acre, or 2,187m². The below map shows the location of PELHAM 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 PELHAM 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 PELHAM HOUSE?

PELHAM HOUSE is located on MOORTOWN ROAD in NETTLETON, in the LN7 postcode district. The below map shows the position of PELHAM HOUSE on MOORTOWN ROAD.