VENTURA, WILLINGHAM ROAD, MARKET RASEN, LN8 3DN - £250,000

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

VENTURA is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £250,000 in February 2019, which was around 13% above the average February 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

VENTURA Sold Prices

Land registry data shows four sales for VENTURA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four VENTURA sales 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
2019 13 FEB	£250,000	£221,723	13% above HPI
2012 31 AUG	£205,000	£178,474	15% above HPI
2003 14 NOV	£177,000	£148,078	20% above HPI
1998 1 MAY	£76,000	£66,014	15% above HPI

VENTURA 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 four VENTURA sales between May 1998 and February 2019 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 August 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is VENTURA?

VENTURA is 125m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where VENTURA lies on this distribution: 70% of detached houses are smaller than VENTURA, and 30% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

VENTURA: Plot and Title Map

VENTURA sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of VENTURA, 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 VENTURA). 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 VENTURA?

VENTURA is located on WILLINGHAM ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of VENTURA on WILLINGHAM ROAD.