23, LANCASTER DRIVE, MARKET RASEN, LN8 3GX - £199,000

23 LANCASTER DRIVE is a small detached house of 99m², built sometime between 1991 and 1995. It was last sold for £199,000 in July 2021, which was around 23% below the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

23 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 23 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 23 LANCASTER DRIVE 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
2021 9 JUL	£199,000	£257,466	23% below HPI
2009 27 JUL	£142,500	£178,357	20% below HPI

23 LANCASTER DRIVE 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 two 23 LANCASTER DRIVE sales from July 2009 and July 2021 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 July 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 23 LANCASTER DRIVE?

23 LANCASTER DRIVE is 99m² according to the EPC inspection conducted in July 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 23 LANCASTER DRIVE lies on this distribution: 39% of detached houses are smaller than 23 LANCASTER DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

23 LANCASTER DRIVE: Plot and Title Map

23 LANCASTER DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 23 LANCASTER DRIVE, 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 23 LANCASTER DRIVE). 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 23 LANCASTER DRIVE?

23 LANCASTER DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 23 on LANCASTER DRIVE.