WELLINGTONIA HOUSE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £325,000

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

WELLINGTONIA HOUSE is a very large detached house of 205m². It was last sold for £325,000 in March 2017, which was around 58% above the average March 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

WELLINGTONIA HOUSE Sold Prices

Land registry data shows four sales for WELLINGTONIA HOUSE 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. two of the four WELLINGTONIA HOUSE sales were for above the average price, and four 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
2017 31 MAR	£325,000	£205,306	58% above HPI
2013 14 NOV	£270,000	£184,629	46% above HPI
2006 21 DEC	£120,000	£188,712	36% below HPI
2002 2 DEC	£50,000	£115,137	57% below HPI

WELLINGTONIA 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 four WELLINGTONIA HOUSE sales between December 2002 and March 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 November 2013 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2017 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is WELLINGTONIA HOUSE?

WELLINGTONIA HOUSE is 205m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where WELLINGTONIA HOUSE lies on this distribution: 95% of detached houses are smaller than WELLINGTONIA HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

WELLINGTONIA HOUSE: Plot and Title Map

WELLINGTONIA HOUSE sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of WELLINGTONIA 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 WELLINGTONIA 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 WELLINGTONIA HOUSE?

WELLINGTONIA HOUSE is located on GAINSBOROUGH ROAD in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of WELLINGTONIA HOUSE on GAINSBOROUGH ROAD.