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

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.

SOUTH VIEW is a small extended detached house of 120m², built sometime before 1900, which could now be worth an estimated £313,586. It was last sold for £255,000 in October 2020, which was around 8% 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	£236,726	8% above HPI
2015 17 JUL	£206,000	£195,242	6% above HPI
2007 25 SEP	£221,500	£205,944	8% 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might SOUTH VIEW be worth now?

SOUTH VIEW might now be worth an estimated £313,586.

This is based on house price inflation of 23%, between October 2020 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 23% inflationary increase is applied to the most recent sale price for SOUTH VIEW of £255,000 on 23rd October 2020. For the value to have increased from £255,000 to £313,586 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of SOUTH VIEW has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH VIEW has not materially changed since October 2020.

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 houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Kelsey, and where SOUTH VIEW lies on this distribution: 35% of detached houses houses are smaller than SOUTH VIEW, and 65% 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.