18, FRONT STREET, TEALBY, MARKET RASEN, LN8 3XU - £145,000

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.

18 FRONT STREET is a very small extended terraced house of 81m², built sometime before 1900, which could now be worth an estimated £171,911. It was last sold for £145,000 in September 2020, which was around 26% above the average September 2020 terraced price in the West Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

18 FRONT STREET Sold Prices

Land registry data shows two sales for 18 FRONT STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 18 FRONT STREET 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 8 SEP	£145,000	£115,275	26% above HPI
2006 8 DEC	£149,950	£99,602	51% above HPI

18 FRONT STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two 18 FRONT STREET sales from December 2006 and September 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 December 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 18 FRONT STREET be worth now?

18 FRONT STREET might now be worth an estimated £171,911.

This is based on house price inflation of 18.6%, between September 2020 and June 2025, for terraced 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 18.6% inflationary increase is applied to the most recent sale price for 18 FRONT STREET of £145,000 on 8th September 2020. For the value to have increased from £145,000 to £171,911 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 18 FRONT STREET has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The September 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FRONT STREET has not materially changed since September 2020.

How Large is 18 FRONT STREET?

18 FRONT STREET is 81m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of terraced houses houses in Tealby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tealby, and where 18 FRONT STREET lies on this distribution: 5% of terraced houses houses are smaller than 18 FRONT STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Tealby.

18 FRONT STREET: Plot and Title Map

18 FRONT STREET sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 18 FRONT STREET, 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 18 FRONT STREET). 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 18 FRONT STREET?

18 FRONT STREET is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 18 on FRONT STREET.