SWALLOWS NEST, MIDDLEFIELD LANE, GLENTHAM, MARKET RASEN, LN8 2ET - £333,000

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

SWALLOWS NEST is a very large detached house of 185m², built sometime between 1991 and 1995. It was last sold for £333,000 in August 2009, which was around 87% above the average August 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

SWALLOWS NEST Sold Prices

Land registry data shows two sales for SWALLOWS NEST 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. One of the two SWALLOWS NEST sales was for above the average price, whilst the other 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
2009 20 AUG	£333,000	£178,161	87% above HPI
2004 31 MAR	£140,000	£152,532	8% below HPI

SWALLOWS NEST 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 SWALLOWS NEST sales from March 2004 and August 2009 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2009 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is SWALLOWS NEST?

SWALLOWS NEST is 185m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where SWALLOWS NEST lies on this distribution: 93% of detached houses are smaller than SWALLOWS NEST, and 7% of houses are larger. Note that EPC data is not available for all properties in Glentham.

SWALLOWS NEST: Plot and Title Map

SWALLOWS NEST sits on a plot of roughly 0.974 of an acre, or 3,941m². The below map shows the location of SWALLOWS NEST, 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 SWALLOWS NEST). 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 SWALLOWS NEST?

SWALLOWS NEST is located on MIDDLEFIELD LANE in GLENTHAM, in the LN8 postcode district. The below map shows the position of SWALLOWS NEST on MIDDLEFIELD LANE.