WOODSIDE, THE ROTHER, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £315,000

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.

WOODSIDE is a very large extended detached house of 155m², built sometime between 2003 and 2006, which could now be worth an estimated £403,005. It was last sold for £315,000 in April 2019, which was around 38% 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	£227,543	38% above HPI
2014 7 MAY	£265,000	£187,363	41% above HPI
2014 28 FEB	£275,000	£191,771	43% above HPI
2007 5 APR	£249,950	£184,998	35% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might WOODSIDE be worth now?

WOODSIDE might now be worth an estimated £403,005.

This is based on house price inflation of 27.9%, between April 2019 and February 2025, for 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 27.9% inflationary increase is applied to the most recent sale price for WOODSIDE of £315,000 on 5th April 2019. For the value to have increased from £315,000 to £403,005 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of WOODSIDE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of WOODSIDE has not materially changed since April 2019.

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 houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where WOODSIDE lies on this distribution: 84% of detached houses houses are smaller than WOODSIDE, and 15% 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.