SHEPARDS HILL, THORPE LANE, TEALBY, MARKET RASEN, LN8 3XJ - £350,000

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

SHEPARDS HILL is a very large extended detached house of 231m², built sometime between 1930 and 1949. It was last sold for £350,000 in June 2007, which was around 88% above the average June 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

SHEPARDS HILL Sold Prices

Land registry data shows two sales for SHEPARDS HILL 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 SHEPARDS HILL 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
2007 29 JUN	£350,000	£185,874	88% above HPI
2000 31 JUL	£157,000	£72,988	115% above HPI

SHEPARDS HILL 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 SHEPARDS HILL sales from July 2000 and June 2007 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 July 2000 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the June 2007 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is SHEPARDS HILL?

SHEPARDS HILL is 231m², which includes three extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where SHEPARDS HILL lies on this distribution: 93% of detached houses are smaller than SHEPARDS HILL, and 7% of houses are larger. Note that EPC data is not available for all properties in Tealby.

SHEPARDS HILL: Plot and Title Map

SHEPARDS HILL sits on a plot of roughly 0.426 of an acre, or 1,722m². The below map shows the location of SHEPARDS HILL, 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 SHEPARDS HILL). 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 SHEPARDS HILL?

SHEPARDS HILL is located on THORPE LANE in TEALBY, in the LN8 postcode district. The below map shows the position of SHEPARDS HILL on THORPE LANE.