WEAVERS, SANDY LANE, TEALBY, MARKET RASEN, LN8 3YF - £565,000

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

WEAVERS is a midsized extended detached house of 152m², built sometime before 1900. It was last sold for £565,000 in June 2017, which was around 163% above the average June 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

WEAVERS Sold Prices

Land registry data shows two sales for WEAVERS 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. Both of the two WEAVERS 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
2017 2 JUN	£565,000	£214,952	163% above HPI
2000 19 DEC	£197,000	£80,028	146% above HPI

WEAVERS 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 WEAVERS sales from December 2000 and June 2017 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 December 2000 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the June 2017 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

How Large is WEAVERS?

WEAVERS is 152m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where WEAVERS lies on this distribution: 53% of detached houses are smaller than WEAVERS, and 47% of houses are larger. Note that EPC data is not available for all properties in Tealby.

WEAVERS: Plot and Title Map

WEAVERS sits on a plot of roughly 0.691 of an acre, or 2,798m². The below map shows the location of WEAVERS, 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 WEAVERS). 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 WEAVERS?

WEAVERS is located on SANDY LANE in TEALBY, in the LN8 postcode district. The below map shows the position of WEAVERS on SANDY LANE.