SUNNYSIDE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ - £144,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SUNNYSIDE is a small extended detached house of 84m², built sometime before 1900. It was last sold for £144,000 in May 2016, which was around 25% below the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was G, and the potential energy rating was D.

SUNNYSIDE Sold Prices

Land registry data shows two sales for SUNNYSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two SUNNYSIDE 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
2016 6 MAY	£144,000	£191,921	25% below HPI
2012 9 MAR	£134,000	£158,319	15% below HPI

SUNNYSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two SUNNYSIDE sales from March 2012 and May 2016 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 March 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is SUNNYSIDE?

SUNNYSIDE is 84m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where SUNNYSIDE lies on this distribution: 24% of detached houses are smaller than SUNNYSIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ludford.

SUNNYSIDE: Plot and Title Map

SUNNYSIDE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of SUNNYSIDE, 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 SUNNYSIDE). 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 SUNNYSIDE?

SUNNYSIDE is located on MAGNA MILE in LUDFORD, in the LN8 postcode district. The below map shows the position of SUNNYSIDE on MAGNA MILE.