REDHILL VIEW, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ - £193,000

REDHILL VIEW is a large extended detached house of 129m², built sometime before 1900. It was last sold for £193,000 in December 2017, which was around 7% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was B.

REDHILL VIEW Sold Prices

Land registry data shows three sales for REDHILL VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three REDHILL VIEW sales was for below the average price, whilst two 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
2017 8 DEC	£193,000	£208,598	7% below HPI
2016 29 JUL	£196,500	£189,070	4% above HPI
2003 6 AUG	£150,000	£135,527	11% above HPI

REDHILL VIEW 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 three REDHILL VIEW sales between August 2003 and December 2017 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 July 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is REDHILL VIEW?

REDHILL VIEW is 129m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where REDHILL VIEW lies on this distribution: 70% of detached houses are smaller than REDHILL VIEW, and 30% of houses are larger. Note that EPC data is not available for all properties in Ludford.

REDHILL VIEW: Plot and Title Map

REDHILL VIEW sits on a plot of roughly 0.434 of an acre, or 1,754m². The below map shows the location of REDHILL VIEW, 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 REDHILL VIEW). 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 REDHILL VIEW?

REDHILL VIEW is located on MAGNA MILE in LUDFORD, in the LN8 postcode district. The below map shows the position of REDHILL VIEW on MAGNA MILE.