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

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.

BLACKSMITHS FORGE is a large extended detached house of 195m², built sometime before 1900, which could now be worth an estimated £439,375. It was last sold for £273,000 in March 2010, which was around 59% 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	£171,448	59% above HPI
2006 12 OCT	£275,000	£178,752	54% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2010 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might BLACKSMITHS FORGE be worth now?

BLACKSMITHS FORGE might now be worth an estimated £439,375.

This is based on house price inflation of 60.9%, between March 2010 and August 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for BLACKSMITHS FORGE of £273,000 on 26th March 2010. For the value to have increased from £273,000 to £439,375 over the fourteen years and seven months to August 2025, the following assumptions must hold true:

• The value of BLACKSMITHS FORGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2010 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of BLACKSMITHS FORGE has not materially changed since March 2010.

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 houses in East Barkwith, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Barkwith, and where BLACKSMITHS FORGE lies on this distribution: 76% of detached houses houses are smaller than BLACKSMITHS FORGE, and 24% 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.