BLACKSMITHS FORGE, LOUTH ROAD, EAST BARKWITH, MARKET RASEN, LN8 5RX - £273,000

BLACKSMITHS FORGE is a large extended detached house of 195m², built sometime before 1900. It was last sold for £273,000 in March 2010, which was around 62% above the average March 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2008, where the current energy rating was G, and the potential energy rating was F.

BLACKSMITHS FORGE Sold Prices

Land registry data shows two sales for BLACKSMITHS FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two BLACKSMITHS FORGE 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
2010 26 MAR	£273,000	£168,985	62% above HPI
2006 12 OCT	£275,000	£176,185	56% above HPI

BLACKSMITHS FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two BLACKSMITHS FORGE sales from October 2006 and March 2010 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 October 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2010 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is BLACKSMITHS FORGE?

BLACKSMITHS FORGE is 195m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses in East Barkwith, based on EPC data. The below chart shows the distribution of detached houses by size in East Barkwith, and where BLACKSMITHS FORGE lies on this distribution: 73% of detached houses are smaller than BLACKSMITHS FORGE, and 27% of houses are larger. Note that EPC data is not available for all properties in East Barkwith.

BLACKSMITHS FORGE: Plot and Title Map

BLACKSMITHS FORGE sits on a plot of roughly 1.6 acres, or 6,426m². The below map shows the location of BLACKSMITHS FORGE, 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 BLACKSMITHS FORGE). 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 BLACKSMITHS FORGE?

BLACKSMITHS FORGE is located on LOUTH ROAD in EAST BARKWITH, in the LN8 postcode district. The below map shows the position of BLACKSMITHS FORGE on LOUTH ROAD.