10, THE RIDINGS, MARKET RASEN, LN8 3EE - £187,000

10 THE RIDINGS is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £187,000 in December 2019, which was around 17% below the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

10 THE RIDINGS Sold Prices

Land registry data shows four sales for 10 THE RIDINGS 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. The four 10 THE RIDINGS sales were a mix of below the average price, and roughly equal to 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 11 DEC	£187,000	£224,429	17% below HPI
2005 12 SEP	£172,500	£179,860	4% below HPI
2004 29 JUL	£172,500	£171,695	Close to HPI
2002 28 MAR	£95,000	£98,976	4% below HPI

10 THE RIDINGS 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 10 THE RIDINGS sales between March 2002 and December 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 September 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 10 THE RIDINGS?

10 THE RIDINGS is 95m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 10 THE RIDINGS lies on this distribution: 35% of detached houses are smaller than 10 THE RIDINGS, and 64% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

10 THE RIDINGS: Plot and Title Map

10 THE RIDINGS sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 10 THE RIDINGS, 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 10 THE RIDINGS). 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 10 THE RIDINGS?

10 THE RIDINGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 10 on THE RIDINGS.