LOW FARM, SPRIDLINGTON ROAD, FALDINGWORTH, MARKET RASEN, LN8 3SQ - £295,000

LOW FARM is a large extended detached house of 180m², built sometime between 1900 and 1929. It was last sold for £295,000 in February 2007, which was around 60% above the average February 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

LOW FARM Sold Prices

Land registry data shows two sales for LOW FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two LOW FARM 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
2007 5 FEB	£295,000	£184,431	60% above HPI
1996 12 JUN	£65,000	£61,885	5% above HPI

LOW FARM 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 two LOW FARM sales from June 1996 and February 2007 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 June 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2007 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is LOW FARM?

LOW FARM is 180m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Faldingworth, and where LOW FARM lies on this distribution: 66% of detached houses are smaller than LOW FARM, and 34% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

LOW FARM: Plot and Title Map

LOW FARM sits on a plot of roughly 0.470 of an acre, or 1,902m². The below map shows the location of LOW FARM, 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 LOW FARM). 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 LOW FARM?

LOW FARM is located on SPRIDLINGTON ROAD in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of LOW FARM on SPRIDLINGTON ROAD.