RIVENDELL, MILL LANE, OSGODBY, MARKET RASEN, LN8 3TB - £249,500

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.

RIVENDELL is a midsized detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £360,782. It was last sold for £249,500 in September 2015, which was around 24% above the average September 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

RIVENDELL Sold Prices

Land registry data shows three sales for RIVENDELL 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 RIVENDELL 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
2015 11 SEP	£249,500	£201,321	24% above HPI
2005 13 SEP	£222,500	£182,477	22% above HPI
2004 21 MAY	£187,000	£158,110	18% above HPI

RIVENDELL 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 RIVENDELL sales between May 2004 and September 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 September 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2015 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might RIVENDELL be worth now?

RIVENDELL might now be worth an estimated £360,782.

This is based on house price inflation of 44.6%, between September 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 44.6% inflationary increase is applied to the most recent sale price for RIVENDELL of £249,500 on 11th September 2015. For the value to have increased from £249,500 to £360,782 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of RIVENDELL has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2015 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of RIVENDELL has not materially changed since September 2015.

How Large is RIVENDELL?

RIVENDELL is 131m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses houses in Osgodby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Osgodby, and where RIVENDELL lies on this distribution: 53% of detached houses houses are smaller than RIVENDELL, and 47% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

RIVENDELL: Plot and Title Map

RIVENDELL sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of RIVENDELL, 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 RIVENDELL). 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 RIVENDELL?

RIVENDELL is located on MILL LANE in OSGODBY, in the LN8 postcode district. The below map shows the position of RIVENDELL on MILL LANE.