SUNDENE, BRIGG ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PQ - £259,000

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.

SUNDENE is a small detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £296,325. It was last sold for £259,000 in March 2021, which was around 2% above the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

SUNDENE Sold Prices

Land registry data shows three sales for SUNDENE 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. Two of the three SUNDENE sales were for above the average price, whilst one was 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
2021 23 MAR	£259,000	£254,445	2% above HPI
2013 23 SEP	£187,000	£182,973	2% above HPI
2000 28 JAN	£56,500	£73,523	23% below HPI

SUNDENE 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 SUNDENE sales between January 2000 and March 2021 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 September 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, which was also at 2% above the HPI.

What might SUNDENE be worth now?

SUNDENE might now be worth an estimated £296,325.

This is based on house price inflation of 14.4%, between March 2021 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 14.4% inflationary increase is applied to the most recent sale price for SUNDENE of £259,000 on 23rd March 2021. For the value to have increased from £259,000 to £296,325 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of SUNDENE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2021 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of SUNDENE has not materially changed since March 2021.

How Large is SUNDENE?

SUNDENE is 96m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 SUNDENE lies on this distribution: 22% of detached houses houses are smaller than SUNDENE, and 78% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

SUNDENE: Plot and Title Map

SUNDENE sits on a plot of roughly 0.266 of an acre, or 1,075m². The below map shows the location of SUNDENE, 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 SUNDENE). 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 SUNDENE?

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