4, CORNER FARM CLOSE, MIDDLE RASEN, MARKET RASEN, LN8 3WE - £420,000

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.

4 CORNER FARM CLOSE is a very large semi-detached house of 174m², which could now be worth an estimated £417,471. It was last sold for £420,000 in October 2024, which was around 124% above the average October 2024 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was A.

4 CORNER FARM CLOSE Sold Prices

Land registry data shows two sales for 4 CORNER FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 4 CORNER FARM 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
2024 3 OCT	£420,000	£187,814	124% above HPI
2021 24 FEB	£385,000	£157,390	145% above HPI

4 CORNER FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 4 CORNER FARM CLOSE sales from February 2021 and October 2024 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 February 2021 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the October 2024 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 4 CORNER FARM CLOSE be worth now?

4 CORNER FARM CLOSE might now be worth an estimated £417,471.

This is based on house price deflation of 0.6%, between October 2024 and February 2025, 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 0.6% deflationary decrease is applied to the most recent sale price for 4 CORNER FARM CLOSE of £420,000 on 3rd October 2024. For the value to have decreased from £420,000 to £417,471 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 4 CORNER FARM CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The October 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CORNER FARM CLOSE has not materially changed since October 2024.

How Large is 4 CORNER FARM CLOSE?

4 CORNER FARM CLOSE is 174m² according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of semi-detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middle Rasen, and where 4 CORNER FARM CLOSE lies on this distribution: 89% of semi-detached houses houses are smaller than 4 CORNER FARM CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

4 CORNER FARM CLOSE: Plot and Title Map

4 CORNER FARM CLOSE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 4 CORNER FARM 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 CORNER FARM 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 CORNER FARM CLOSE?

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