RISHWORTH, FANNY HANDS LANE, LUDFORD, MARKET RASEN, LN8 6AL - £146,500

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.

RISHWORTH is a large detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £232,725. It was last sold for £146,500 in November 2014, which was around 19% below the average November 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was A.

RISHWORTH Sold Prices

Land registry data shows two sales for RISHWORTH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two RISHWORTH sales were 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
2014 19 NOV	£146,500	£180,195	19% below HPI
2013 29 OCT	£115,000	£172,648	33% below HPI

RISHWORTH Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two RISHWORTH sales from October 2013 and November 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 October 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might RISHWORTH be worth now?

RISHWORTH might now be worth an estimated £232,725.

This is based on house price inflation of 58.9%, between November 2014 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.9% inflationary increase is applied to the most recent sale price for RISHWORTH of £146,500 on 19th November 2014. For the value to have increased from £146,500 to £232,725 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of RISHWORTH has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2014 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of RISHWORTH has not materially changed since November 2014.

How Large is RISHWORTH?

RISHWORTH is 130m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludford, and where RISHWORTH lies on this distribution: 74% of detached houses houses are smaller than RISHWORTH, and 26% of houses are larger. Note that EPC data is not available for all properties in Ludford.

RISHWORTH: Plot and Title Map

RISHWORTH sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of RISHWORTH, 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 RISHWORTH). 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 RISHWORTH?

RISHWORTH is located on FANNY HANDS LANE in LUDFORD, in the LN8 postcode district. The below map shows the position of RISHWORTH on FANNY HANDS LANE.