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

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.

ROCKY RISE is a large extended detached house of 182m², built sometime between 1950 and 1966, which could now be worth an estimated £349,150. It was last sold for £268,000 in December 2017, which was around 20% 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	£223,453	20% above HPI
1999 17 SEP	£102,000	£72,263	41% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might ROCKY RISE be worth now?

ROCKY RISE might now be worth an estimated £349,150.

This is based on house price inflation of 30.3%, between December 2017 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 30.3% inflationary increase is applied to the most recent sale price for ROCKY RISE of £268,000 on 18th December 2017. For the value to have increased from £268,000 to £349,150 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of ROCKY RISE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2017 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of ROCKY RISE has not materially changed since December 2017.

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 houses in Spridlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spridlington, and where ROCKY RISE lies on this distribution: 67% of detached houses houses are smaller than ROCKY RISE, and 33% 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 0.257 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.