4, ACRE CLOSE, MARKET RASEN, LN8 3DL - £182,500

4 ACRE CLOSE is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £182,500 in September 2013, which was around 1% above the average September 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

4 ACRE CLOSE Sold Prices

Land registry data shows two sales for 4 ACRE CLOSE 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 4 ACRE CLOSE 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
2013 2 SEP	£182,500	£180,348	1% above HPI
2006 14 DEC	£195,995	£188,712	4% above HPI

4 ACRE CLOSE 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 4 ACRE CLOSE sales from December 2006 and September 2013 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2013 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 4 ACRE CLOSE?

4 ACRE CLOSE is 136m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% 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 4 ACRE CLOSE lies on this distribution: 78% of detached houses are smaller than 4 ACRE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

4 ACRE CLOSE: Plot and Title Map

4 ACRE CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 4 ACRE CLOSE, 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 4 ACRE CLOSE). 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 4 ACRE CLOSE?

4 ACRE CLOSE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 4 on ACRE CLOSE.