WEST VIEW, LOW CHURCH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3TY - £85,000

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.

WEST VIEW is a midsized semi-detached house of 111m², built sometime before 1900, which could now be worth an estimated £134,595. It was last sold for £85,000 in May 2014, which was around 28% below the average May 2014 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

WEST VIEW Sold Prices

Land registry data shows two sales for WEST VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two WEST VIEW 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
2014 2 MAY	£85,000	£117,895	28% below HPI
2005 9 SEP	£100,000	£115,646	14% below HPI

WEST VIEW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two WEST VIEW sales from September 2005 and May 2014 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 September 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might WEST VIEW be worth now?

WEST VIEW might now be worth an estimated £134,595.

This is based on house price inflation of 58.3%, between May 2014 and February 2025, for semi-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 58.3% inflationary increase is applied to the most recent sale price for WEST VIEW of £85,000 on 2nd May 2014. For the value to have increased from £85,000 to £134,595 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of WEST VIEW has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The May 2014 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of WEST VIEW has not materially changed since May 2014.

How Large is WEST VIEW?

WEST VIEW is 111m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of semi-detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middle Rasen, and where WEST VIEW lies on this distribution: 45% of semi-detached houses houses are smaller than WEST VIEW, and 55% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

WEST VIEW: Plot and Title Map

WEST VIEW sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of WEST VIEW, 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 WEST VIEW). 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 WEST VIEW?

WEST VIEW is located on LOW CHURCH ROAD in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of WEST VIEW on LOW CHURCH ROAD.