SUNNYDENE, NORTH STREET, MIDDLE RASEN, MARKET RASEN, LN8 3TS - £238,000

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

SUNNYDENE is a large extended semi-detached house of 137m², built sometime before 1900. It was last sold for £238,000 in March 2023, which was around 11% below the average March 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

SUNNYDENE Sold Prices

Land registry data shows four sales for SUNNYDENE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four SUNNYDENE 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
2023 10 MAR	£238,000	£268,478	11% below HPI
2021 15 SEP	£210,000	£252,547	17% below HPI
2009 24 APR	£102,000	£169,871	40% below HPI
2008 27 JUL	£290,000	£183,667	58% above HPI

SUNNYDENE 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 four SUNNYDENE sales between July 2008 and March 2023 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 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SUNNYDENE?

SUNNYDENE is 137m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where SUNNYDENE lies on this distribution: 68% of detached houses are smaller than SUNNYDENE, and 32% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

SUNNYDENE: Plot and Title Map

SUNNYDENE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of SUNNYDENE, 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 SUNNYDENE). 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 SUNNYDENE?

SUNNYDENE is located on NORTH STREET in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of SUNNYDENE on NORTH STREET.