ROSEWAY, HIGH STREET, NORTH KELSEY, MARKET RASEN, LN7 6EB - £230,000

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

ROSEWAY is a midsized extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £230,000 in February 2024, which was around 17% below the average February 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

ROSEWAY Sold Prices

Land registry data shows four sales for ROSEWAY 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 ROSEWAY 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
2024 23 FEB	£230,000	£276,504	17% below HPI
2002 31 JAN	£79,000	£93,071	15% below HPI
2000 29 SEP	£63,500	£77,076	18% below HPI
1996 31 OCT	£55,000	£62,799	12% below HPI

ROSEWAY 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 ROSEWAY sales between October 1996 and February 2024 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 January 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is ROSEWAY?

ROSEWAY is 145m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in North Kelsey, and where ROSEWAY lies on this distribution: 59% of detached houses are smaller than ROSEWAY, and 41% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

ROSEWAY: Plot and Title Map

ROSEWAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of ROSEWAY, 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 ROSEWAY). 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 ROSEWAY?

ROSEWAY is located on HIGH STREET in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of ROSEWAY on HIGH STREET.