NEW HAVEN, FALDINGWORTH ROAD, SPRIDLINGTON, MARKET RASEN, LN8 2DF - £520,000

NEW HAVEN is a very large extended detached house of 224m², built sometime before 1900. It was last sold for £520,000 in January 2019, which was around 135% above the average January 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

NEW HAVEN Sold Prices

Land registry data shows two sales for NEW HAVEN 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 NEW HAVEN 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
2019 25 JAN	£520,000	£221,296	135% above HPI
2010 3 NOV	£345,000	£193,281	78% above HPI

NEW HAVEN 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 NEW HAVEN sales from November 2010 and January 2019 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 November 2010 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the January 2019 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

How Large is NEW HAVEN?

NEW HAVEN is 224m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Spridlington, based on EPC data. The below chart shows the distribution of detached houses by size in Spridlington, and where NEW HAVEN lies on this distribution: 80% of detached houses are smaller than NEW HAVEN, and 16% of houses are larger. Note that EPC data is not available for all properties in Spridlington.

NEW HAVEN: Plot and Title Map

NEW HAVEN sits on a plot of roughly 3.2 acres, or 13,111m². The below map shows the location of NEW HAVEN, 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 NEW HAVEN). 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 NEW HAVEN?

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