THORPE HOUSE, MAIN STREET, BISHOP NORTON, MARKET RASEN, LN8 2BE - £445,000

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

THORPE HOUSE is a large detached house of 202m². It was last sold for £445,000 in March 2021, which was around 77% above the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

THORPE HOUSE Sold Prices

Land registry data shows two sales for THORPE HOUSE 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 THORPE HOUSE 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
2021 31 MAR	£445,000	£250,795	77% above HPI
2018 26 APR	£82,500	£218,449	62% below HPI

THORPE HOUSE 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 THORPE HOUSE sales from April 2018 and March 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 April 2018 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the March 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is THORPE HOUSE?

THORPE HOUSE is 202m² according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of detached houses in Bishop Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Norton, and where THORPE HOUSE lies on this distribution: 61% of detached houses are smaller than THORPE HOUSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bishop Norton.

THORPE HOUSE: Plot and Title Map

THORPE HOUSE sits on a plot of roughly 234.5 acres, or 949,045m². The below map shows the location of THORPE HOUSE, 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 THORPE HOUSE). 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 THORPE HOUSE?

THORPE HOUSE is located on MAIN STREET in BISHOP NORTON, in the LN8 postcode district. The below map shows the position of THORPE HOUSE on MAIN STREET.