ROSSLYN, CHURCH STREET, MIDDLE RASEN, MARKET RASEN, LN8 3TR - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROSSLYN is a large extended detached house of 138m², built sometime before 1900. It was last sold for £340,000 in March 2021, which was around 36% above the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

ROSSLYN Sold Prices

Land registry data shows two sales for ROSSLYN 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 ROSSLYN 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
2021 30 MAR	£340,000	£250,795	36% above HPI
2019 22 MAR	£400,000	£222,409	80% above HPI

ROSSLYN 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 ROSSLYN sales from March 2019 and March 2021 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 March 2019 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is ROSSLYN?

ROSSLYN is 138m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where ROSSLYN lies on this distribution: 69% of detached houses are smaller than ROSSLYN, and 30% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

ROSSLYN: Plot and Title Map

ROSSLYN sits on a plot of roughly 2.7 acres, or 10,880m². The below map shows the location of ROSSLYN, 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 ROSSLYN). 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 ROSSLYN?

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