THE ARBOUR, TORRINGTON LANE, EAST BARKWITH, MARKET RASEN, LN8 5RY - £155,000

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

THE ARBOUR is a very small detached house of 85m², built sometime before 1900. It was last sold for £155,000 in May 2014, which was around 10% below the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

THE ARBOUR Sold Prices

Land registry data shows four sales for THE ARBOUR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four THE ARBOUR 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
2014 12 MAY	£155,000	£172,441	10% below HPI
2010 21 MAY	£163,000	£171,911	5% below HPI
2003 24 JAN	£110,000	£118,614	7% below HPI
1998 1 MAY	£60,000	£60,945	2% below HPI

THE ARBOUR 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 four THE ARBOUR sales between May 1998 and May 2014 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 May 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE ARBOUR?

THE ARBOUR is 85m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in East Barkwith, based on EPC data. The below chart shows the distribution of detached houses by size in East Barkwith, and where THE ARBOUR lies on this distribution: 5% of detached houses are smaller than THE ARBOUR, and 95% of houses are larger. Note that EPC data is not available for all properties in East Barkwith.

THE ARBOUR: Plot and Title Map

THE ARBOUR sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of THE ARBOUR, 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 THE ARBOUR). 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 THE ARBOUR?

THE ARBOUR is located on TORRINGTON LANE in EAST BARKWITH, in the LN8 postcode district. The below map shows the position of THE ARBOUR on TORRINGTON LANE.