SOUTH VIEW, BRIGG ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PH - £255,000

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

SOUTH VIEW is a small extended detached house of 120m², built sometime before 1900. It was last sold for £255,000 in October 2020, which was around 9% above the average October 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

SOUTH VIEW Sold Prices

Land registry data shows three sales for SOUTH VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three SOUTH VIEW 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
2020 23 OCT	£255,000	£233,330	9% above HPI
2015 17 JUL	£206,000	£192,441	7% above HPI
2007 25 SEP	£221,500	£202,990	9% above HPI

SOUTH VIEW 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 three SOUTH VIEW sales between September 2007 and October 2020 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is SOUTH VIEW?

SOUTH VIEW is 120m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in South Kelsey, and where SOUTH VIEW lies on this distribution: 36% of detached houses are smaller than SOUTH VIEW, and 64% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

SOUTH VIEW: Plot and Title Map

SOUTH VIEW sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of SOUTH VIEW, 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 SOUTH VIEW). 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 SOUTH VIEW?

SOUTH VIEW is located on BRIGG ROAD in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of SOUTH VIEW on BRIGG ROAD.