5, CORNER FARM CLOSE, MIDDLE RASEN, MARKET RASEN, LN8 3WE - £375,000

5 CORNER FARM CLOSE is a large detached house of 138m², built in 2018. It was last sold for £375,000 in September 2021, which was around 48% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was B.

5 CORNER FARM CLOSE Sold Prices

Land registry data shows three sales for 5 CORNER FARM CLOSE 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. Two of the three 5 CORNER FARM CLOSE sales were for above the average price, whilst one was 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 24 SEP	£375,000	£252,547	48% above HPI
2007 23 MAR	£235,000	£182,554	29% above HPI
1999 19 FEB	£63,000	£67,637	7% below HPI

5 CORNER FARM 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 three 5 CORNER FARM CLOSE sales between February 1999 and September 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 March 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 5 CORNER FARM CLOSE?

5 CORNER FARM CLOSE is 138m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Rasen, and where 5 CORNER FARM CLOSE lies on this distribution: 69% of detached houses are smaller than 5 CORNER FARM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

5 CORNER FARM CLOSE: Plot and Title Map

5 CORNER FARM CLOSE sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of 5 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 5 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 5 CORNER FARM CLOSE?

5 CORNER FARM CLOSE is located in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of No. 5 on CORNER FARM CLOSE.