WINGFIELD, DEAR STREET, MARKET RASEN, LN8 3BH - £315,000

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

WINGFIELD is a very large detached house of 215m², built sometime between 1950 and 1966. It was last sold for £315,000 in August 2020, which was around 36% above the average August 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

WINGFIELD Sold Prices

Land registry data shows two sales for WINGFIELD 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 WINGFIELD 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
2020 20 AUG	£315,000	£232,184	36% above HPI
1995 8 FEB	£90,000	£63,955	41% above HPI

WINGFIELD 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 WINGFIELD sales from February 1995 and August 2020 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 February 1995 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is WINGFIELD?

WINGFIELD is 215m² according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where WINGFIELD lies on this distribution: 97% of detached houses are smaller than WINGFIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

WINGFIELD: Plot and Title Map

WINGFIELD sits on a plot of roughly 0.376 of an acre, or 1,520m². The below map shows the location of WINGFIELD, 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 WINGFIELD). 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 WINGFIELD?

WINGFIELD is located on DEAR STREET in MARKET RASEN, in the LN8 postcode district. The below map shows the position of WINGFIELD on DEAR STREET.