45, THE RIDINGS, MARKET RASEN, LN8 3EE - £273,000

45 THE RIDINGS is a very small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £273,000 in December 2021, which was around 3% above the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

45 THE RIDINGS Sold Prices

Land registry data shows three sales for 45 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 45 THE RIDINGS 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
2021 15 DEC	£273,000	£265,050	3% above HPI
2015 24 FEB	£190,000	£186,306	2% above HPI
2006 5 MAY	£182,500	£175,413	4% above HPI

45 THE RIDINGS 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 three 45 THE RIDINGS sales between May 2006 and December 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 February 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 45 THE RIDINGS?

45 THE RIDINGS is 82m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% 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 45 THE RIDINGS lies on this distribution: 18% of detached houses are smaller than 45 THE RIDINGS, and 81% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

45 THE RIDINGS: Plot and Title Map

45 THE RIDINGS sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 45 THE RIDINGS, 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 45 THE RIDINGS). 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 45 THE RIDINGS?

45 THE RIDINGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 45 on THE RIDINGS.