STAVELEY, WILLINGHAM ROAD, MARKET RASEN, LN8 3DN - £129,950

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

STAVELEY is a very large extended semi-detached house of 152m², built sometime between 1930 and 1949. It was last sold for £129,950 in February 2012, which was around 26% below the average February 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

STAVELEY Sold Prices

Land registry data shows two sales for STAVELEY 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 STAVELEY 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
2012 27 FEB	£129,950	£175,796	26% below HPI
2006 17 AUG	£163,000	£175,402	7% below HPI

STAVELEY 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 STAVELEY sales from August 2006 and February 2012 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 August 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is STAVELEY?

STAVELEY is 152m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where STAVELEY lies on this distribution: 85% of detached houses are smaller than STAVELEY, and 15% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

STAVELEY: Plot and Title Map

STAVELEY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of STAVELEY, 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 STAVELEY). 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 STAVELEY?

STAVELEY is located on WILLINGHAM ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of STAVELEY on WILLINGHAM ROAD.