ROSE COTTAGE, CHURCH STREET, MIDDLE RASEN, MARKET RASEN, LN8 3TR - £233,500

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

ROSE COTTAGE is a large extended detached house of 144m², built sometime before 1900, which could now be worth an estimated £295,811. It was last sold for £233,500 in June 2018, which was around 4% above the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE COTTAGE 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 ROSE COTTAGE 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
2018 1 JUN	£233,500	£224,902	4% above HPI
2014 1 APR	£235,000	£186,191	26% above HPI

ROSE COTTAGE 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 ROSE COTTAGE sales from April 2014 and June 2018 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 April 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £295,811.

This is based on house price inflation of 26.7%, between June 2018 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 26.7% inflationary increase is applied to the most recent sale price for ROSE COTTAGE of £233,500 on 1st June 2018. For the value to have increased from £233,500 to £295,811 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2018 sale price of £233,500 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since June 2018.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 144m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where ROSE COTTAGE lies on this distribution: 75% of detached houses houses are smaller than ROSE COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

ROSE COTTAGE is located on CHURCH STREET in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of ROSE COTTAGE on CHURCH STREET.