ROSELEA, DEAR STREET, MARKET RASEN, LN8 3BH - £135,000

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.

ROSELEA is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £144,032. It was last sold for £135,000 in April 2023, which was around 51% below the average April 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

ROSELEA Sold Prices

Land registry data shows two sales for ROSELEA 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 ROSELEA 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
2023 26 APR	£135,000	£272,859	51% below HPI
2001 1 JUN	£52,000	£83,168	37% below HPI

ROSELEA 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 ROSELEA sales from June 2001 and April 2023 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 June 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might ROSELEA be worth now?

ROSELEA might now be worth an estimated £144,032.

This is based on house price inflation of 6.7%, between April 2023 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 6.7% inflationary increase is applied to the most recent sale price for ROSELEA of £135,000 on 26th April 2023. For the value to have increased from £135,000 to £144,032 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of ROSELEA has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2023 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of ROSELEA has not materially changed since April 2023.

How Large is ROSELEA?

ROSELEA is 67m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where ROSELEA lies on this distribution: 7% of detached houses houses are smaller than ROSELEA, and 93% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

ROSELEA: Plot and Title Map

ROSELEA sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of ROSELEA, 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 ROSELEA). 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 ROSELEA?

ROSELEA is located on DEAR STREET in MARKET RASEN, in the LN8 postcode district. The below map shows the position of ROSELEA on DEAR STREET.