SOUTH VIEW, WILLINGHAM ROAD, MARKET RASEN, LN8 3DX - £217,500

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 very large extended detached house of 193m², built sometime between 1930 and 1949, which could now be worth an estimated £283,358. It was last sold for £217,500 in December 2017, which was around 3% below the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

SOUTH VIEW Sold Prices

Land registry data shows two sales for SOUTH VIEW 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 SOUTH VIEW 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
2017 4 DEC	£217,500	£223,453	3% below HPI
2017 9 JUN	£177,000	£218,080	19% below 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 two SOUTH VIEW sales from June 2017 and December 2017 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 June 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might SOUTH VIEW be worth now?

SOUTH VIEW might now be worth an estimated £283,358.

This is based on house price inflation of 30.3%, between December 2017 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 30.3% inflationary increase is applied to the most recent sale price for SOUTH VIEW of £217,500 on 4th December 2017. For the value to have increased from £217,500 to £283,358 over the eight years and ten 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 December 2017 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of SOUTH VIEW has not materially changed since December 2017.

How Large is SOUTH VIEW?

SOUTH VIEW is 193m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where SOUTH VIEW lies on this distribution: 94% of detached houses houses are smaller than SOUTH VIEW, and 6% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

SOUTH VIEW: Plot and Title Map

SOUTH VIEW sits on a plot of roughly 0.209 of an acre, or 844m². 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 WILLINGHAM ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of SOUTH VIEW on WILLINGHAM ROAD.