STONE HOUSE, NORMANBY ROAD, NETTLETON, MARKET RASEN, LN7 6TB - £248,000

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

STONE HOUSE is a midsized extended detached house of 144m², built sometime before 1900. It was last sold for £248,000 in January 2010, which was around 37% above the average January 2010 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was G, and the potential energy rating was F.

STONE HOUSE Sold Prices

Land registry data shows two sales for STONE HOUSE 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 STONE HOUSE 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
2010 22 JAN	£248,000	£181,496	37% above HPI
2000 1 JUN	£130,000	£74,087	75% above HPI

STONE HOUSE 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 STONE HOUSE sales from June 2000 and January 2010 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 2000 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the January 2010 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is STONE HOUSE?

STONE HOUSE is 144m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where STONE HOUSE lies on this distribution: 44% of detached houses are smaller than STONE HOUSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

STONE HOUSE: Plot and Title Map

STONE HOUSE sits on a plot of roughly 0.634 of an acre, or 2,565m². The below map shows the location of STONE HOUSE, 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 STONE HOUSE). 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 STONE HOUSE?

STONE HOUSE is located on NORMANBY ROAD in NETTLETON, in the LN7 postcode district. The below map shows the position of STONE HOUSE on NORMANBY ROAD.