PERRYMOUNT, THORNTON ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PS - £113,000

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

PERRYMOUNT is a very small extended detached house of 91m², built sometime before 1900, which could now be worth an estimated £161,326. It was last sold for £113,000 in June 2016, which was around 43% below the average June 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2014, where the current energy rating was F, and the potential energy rating was C.

PERRYMOUNT Sold Prices

Land registry data shows two sales for PERRYMOUNT 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 PERRYMOUNT sales was for below the average price, whilst the other 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
2016 16 JUN	£113,000	£199,570	43% below HPI
2003 9 JUN	£137,000	£136,157	1% above HPI

PERRYMOUNT 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 PERRYMOUNT sales from June 2003 and June 2016 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 June 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might PERRYMOUNT be worth now?

PERRYMOUNT might now be worth an estimated £161,326.

This is based on house price inflation of 42.8%, between June 2016 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 42.8% inflationary increase is applied to the most recent sale price for PERRYMOUNT of £113,000 on 16th June 2016. For the value to have increased from £113,000 to £161,326 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of PERRYMOUNT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2016 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of PERRYMOUNT has not materially changed since June 2016.

How Large is PERRYMOUNT?

PERRYMOUNT is 91m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where PERRYMOUNT lies on this distribution: 19% of detached houses houses are smaller than PERRYMOUNT, and 81% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

PERRYMOUNT: Plot and Title Map

PERRYMOUNT sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of PERRYMOUNT, 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 PERRYMOUNT). 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 PERRYMOUNT?

PERRYMOUNT is located on THORNTON ROAD in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of PERRYMOUNT on THORNTON ROAD.