SUNNYMEDE, GALLAMORE LANE, MIDDLE RASEN, MARKET RASEN, LN8 3UB - £470,000

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

SUNNYMEDE is a very large extended detached house of 226m², built sometime before 1900. It was last sold for £470,000 in March 2022, which was around 72% above the average March 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was B.

SUNNYMEDE Sold Prices

Land registry data shows three sales for SUNNYMEDE 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. All of the three SUNNYMEDE 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
2022 18 MAR	£470,000	£273,442	72% above HPI
2012 20 AUG	£260,000	£178,474	46% above HPI
2003 27 JUN	£248,000	£134,203	85% above HPI

SUNNYMEDE 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 SUNNYMEDE sales between June 2003 and March 2022 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 2012 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is SUNNYMEDE?

SUNNYMEDE is 226m², which includes four extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% 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 SUNNYMEDE lies on this distribution: 99% of detached houses are smaller than SUNNYMEDE, and 1% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

SUNNYMEDE: Plot and Title Map

SUNNYMEDE sits on a plot of roughly 0.284 of an acre, or 1,149m². The below map shows the location of SUNNYMEDE, 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 SUNNYMEDE). 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 SUNNYMEDE?

SUNNYMEDE is located on GALLAMORE LANE in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of SUNNYMEDE on GALLAMORE LANE.