ROSEDALE, MIDDLEFIELD LANE, GLENTHAM, MARKET RASEN, LN8 2ET - £169,950

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

ROSEDALE is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £169,950 in August 2005, which was around 7% below the average August 2005 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

ROSEDALE Sold Prices

Land registry data shows four sales for ROSEDALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four ROSEDALE 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
2005 5 AUG	£169,950	£183,200	7% below HPI
2002 3 APR	£82,500	£99,607	17% below HPI
2000 7 JUL	£72,000	£74,050	3% below HPI
1999 8 OCT	£35,000	£73,230	52% below HPI

ROSEDALE 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 four ROSEDALE sales between October 1999 and August 2005 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 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2005 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might ROSEDALE be worth now?

ROSEDALE might now be worth an estimated £264,312.

This is based on house price inflation of 55.5%, between August 2005 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 55.5% inflationary increase is applied to the most recent sale price for ROSEDALE of £169,950 on 5th August 2005. For the value to have increased from £169,950 to £264,312 over the eighteen years and eight months to December 2024, the following assumptions must hold true:

• The value of ROSEDALE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2005 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of ROSEDALE has not materially changed since August 2005.

How Large is ROSEDALE?

ROSEDALE is 88m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glentham, and where ROSEDALE lies on this distribution: 19% of detached houses houses are smaller than ROSEDALE, and 81% of houses are larger. Note that EPC data is not available for all properties in Glentham.

ROSEDALE: Plot and Title Map

ROSEDALE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of ROSEDALE, 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 ROSEDALE). 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 ROSEDALE?

ROSEDALE is located on MIDDLEFIELD LANE in GLENTHAM, in the LN8 postcode district. The below map shows the position of ROSEDALE on MIDDLEFIELD LANE.