THE BELFRY, CHURCH WAY, NETTLETON, MARKET RASEN, LN7 6NA - £139,579

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 BELFRY is a very large detached house of 270m², built sometime from 2007 onwards. It was last sold for £139,579 in July 2021, which was around 46% below the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

THE BELFRY Sold Prices

Land registry data shows three sales for THE BELFRY 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. One of the three THE BELFRY sales was for below the average price, whilst two 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
2021 15 JUL	£139,579	£257,466	46% below HPI
2015 19 JUN	£480,000	£188,193	155% above HPI
2007 8 MAY	£375,000	£184,311	103% above HPI

THE BELFRY 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 THE BELFRY sales between May 2007 and July 2021 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 June 2015 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the July 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is THE BELFRY?

THE BELFRY is 270m² according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where THE BELFRY lies on this distribution: 97% of detached houses are smaller than THE BELFRY, and 3% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

THE BELFRY: Plot and Title Map

THE BELFRY sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of THE BELFRY, 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 BELFRY). 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 BELFRY?

THE BELFRY is located on CHURCH WAY in NETTLETON, in the LN7 postcode district. The below map shows the position of THE BELFRY on CHURCH WAY.