ROCKY RISE, CHURCH HILL, SPRIDLINGTON, MARKET RASEN, LN8 2DX - £268,000

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

ROCKY RISE is a large extended detached house of 182m², built sometime between 1950 and 1966. It was last sold for £268,000 in December 2017, which was around 22% above the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was A.

ROCKY RISE Sold Prices

Land registry data shows two sales for ROCKY RISE 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. Both of the two ROCKY RISE 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
2017 18 DEC	£268,000	£220,247	22% above HPI
1999 17 SEP	£102,000	£71,226	43% above HPI

ROCKY RISE 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 ROCKY RISE sales from September 1999 and December 2017 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 1999 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is ROCKY RISE?

ROCKY RISE is 182m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Spridlington, based on EPC data. The below chart shows the distribution of detached houses by size in Spridlington, and where ROCKY RISE lies on this distribution: 65% of detached houses are smaller than ROCKY RISE, and 35% of houses are larger. Note that EPC data is not available for all properties in Spridlington.

ROCKY RISE: Plot and Title Map

ROCKY RISE sits on a plot of roughly 0.258 of an acre, or 1,042m². The below map shows the location of ROCKY RISE, 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 ROCKY RISE). 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 ROCKY RISE?

ROCKY RISE is located on CHURCH HILL in SPRIDLINGTON, in the LN8 postcode district. The below map shows the position of ROCKY RISE on CHURCH HILL.