WINRUSH, LINWOOD ROAD, MARKET RASEN, LN8 3QE - £179,500

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

WINRUSH is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £179,500 in February 2015, which was around 4% below the average February 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

WINRUSH Sold Prices

Land registry data shows three sales for WINRUSH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three WINRUSH 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
2015 13 FEB	£179,500	£186,306	4% below HPI
2004 30 APR	£20,000	£153,384	87% below HPI
1995 14 SEP	£43,000	£61,718	30% below HPI

WINRUSH 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 three WINRUSH sales between September 1995 and February 2015 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 April 2004 sale was for 87% below the HPI. So the extrapolation line tracks at 87% below the HPI over time, until the February 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is WINRUSH?

WINRUSH is 103m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% 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 WINRUSH lies on this distribution: 45% of detached houses are smaller than WINRUSH, and 54% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

WINRUSH: Plot and Title Map

WINRUSH sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of WINRUSH, 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 WINRUSH). 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 WINRUSH?

WINRUSH is located on LINWOOD ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of WINRUSH on LINWOOD ROAD.