WOODSIDE, THE ROTHER, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £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

WOODSIDE is a very large extended detached house of 155m², built sometime between 2003 and 2006. It was last sold for £315,000 in April 2019, which was around 40% above the average April 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

WOODSIDE Sold Prices

Land registry data shows four sales for WOODSIDE 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. All of the four WOODSIDE 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
2019 5 APR	£315,000	£224,278	40% above HPI
2014 7 MAY	£265,000	£184,675	43% above HPI
2014 28 FEB	£275,000	£189,020	45% above HPI
2007 5 APR	£249,950	£182,344	37% above HPI

WOODSIDE 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 WOODSIDE sales between April 2007 and April 2019 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 May 2014 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2019 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is WOODSIDE?

WOODSIDE is 155m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% 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 WOODSIDE lies on this distribution: 85% of detached houses are smaller than WOODSIDE, and 14% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

WOODSIDE: Plot and Title Map

WOODSIDE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of WOODSIDE, 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 WOODSIDE). 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 WOODSIDE?

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