3, TEAL CLOSE, CAISTOR, MARKET RASEN, LN7 6TD - £41,500

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.

3 TEAL CLOSE is a very small semi-detached house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £154,980. It was last sold for £41,500 in August 2001, which was around 16% below the average August 2001 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

3 TEAL CLOSE Sold Prices

Land registry data shows one sale for 3 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 3 AUG	£41,500	£49,691	16% below HPI

What might 3 TEAL CLOSE be worth now?

3 TEAL CLOSE might now be worth an estimated £154,980.

This is based on house price inflation of 273.4%, between August 2001 and April 2026, for semi-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 273.4% inflationary increase is applied to the most recent sale price for 3 TEAL CLOSE of £41,500 on 3rd August 2001. For the value to have increased from £41,500 to £154,980 over the 25 years and four months to April 2026, the following assumptions must hold true:

• The value of 3 TEAL CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The August 2001 sale price of £41,500 represented a fair market value for the property.
• The size, condition, and specification of 3 TEAL CLOSE has not materially changed since August 2001.

How Large is 3 TEAL CLOSE?

3 TEAL CLOSE is 64m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of semi-detached houses in Caistor, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Caistor, and where 3 TEAL CLOSE lies on this distribution: 14% of semi-detached houses are smaller than 3 TEAL CLOSE, and 86% of semi-detached houses are larger. Note that EPC data is not available for all properties in Caistor.

3 TEAL CLOSE: Plot

3 TEAL CLOSE sits on a plot of roughly 0.042 of an acre, or 169m².

Where is 3 TEAL CLOSE?

3 TEAL CLOSE is located in CAISTOR, in the LN7 postcode district.