WILLOW SMYTHE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £297,500

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

WILLOW SMYTHE is a large detached house of 134m², built sometime between 1967 and 1975. It was last sold for £297,500 in September 2021, which was around 18% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

WILLOW SMYTHE Sold Prices

Land registry data shows two sales for WILLOW SMYTHE 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 WILLOW SMYTHE 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
2021 23 SEP	£297,500	£252,547	18% above HPI
1998 21 DEC	£80,000	£67,556	18% above HPI

WILLOW SMYTHE 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 WILLOW SMYTHE sales from December 1998 and September 2021 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 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2021 sale, which was also at 18% above the HPI.

How Large is WILLOW SMYTHE?

WILLOW SMYTHE is 134m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% 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 WILLOW SMYTHE lies on this distribution: 66% of detached houses are smaller than WILLOW SMYTHE, and 33% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

WILLOW SMYTHE: Plot and Title Map

WILLOW SMYTHE sits on a plot of roughly 0.238 of an acre, or 962m². The below map shows the location of WILLOW SMYTHE, 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 WILLOW SMYTHE). 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 WILLOW SMYTHE?

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