WALNUT REACH, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £292,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WALNUT REACH is a very large detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £299,417. It was last sold for £292,500 in August 2023, which was around 3% above the average August 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

WALNUT REACH Sold Prices

Land registry data shows four sales for WALNUT REACH 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. Most of the four WALNUT REACH 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
2023 3 AUG	£292,500	£284,389	3% above HPI
2017 27 OCT	£202,000	£216,935	7% below HPI
2012 29 MAR	£155,000	£179,266	14% below HPI
2010 1 JUL	£150,000	£191,072	21% below HPI

WALNUT REACH 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 WALNUT REACH sales between July 2010 and August 2023 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 October 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might WALNUT REACH be worth now?

WALNUT REACH might now be worth an estimated £299,417.

This is based on house price inflation of 2.4%, between August 2023 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for WALNUT REACH of £292,500 on 3rd August 2023. For the value to have increased from £292,500 to £299,417 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of WALNUT REACH has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2023 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of WALNUT REACH has not materially changed since August 2023.

How Large is WALNUT REACH?

WALNUT REACH is 158m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glentham, and where WALNUT REACH lies on this distribution: 81% of detached houses houses are smaller than WALNUT REACH, and 19% of houses are larger. Note that EPC data is not available for all properties in Glentham.

WALNUT REACH: Plot and Title Map

WALNUT REACH sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of WALNUT REACH, 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 WALNUT REACH). 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 WALNUT REACH?

WALNUT REACH is located on BISHOP NORTON ROAD in GLENTHAM, in the LN8 postcode district. The below map shows the position of WALNUT REACH on BISHOP NORTON ROAD.