RIMINI, LOUTH ROAD, EAST BARKWITH, MARKET RASEN, LN8 5RX - £186,000

RIMINI is a small detached house of 116m², built sometime between 1967 and 1975. It was last sold for £186,000 in November 2018, which was around 15% below the average November 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

RIMINI Sold Prices

Land registry data shows two sales for RIMINI 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 RIMINI sales were for below 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
2018 14 NOV	£186,000	£217,913	15% below HPI
2007 14 JUN	£125,000	£187,546	33% below HPI

RIMINI 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 RIMINI sales from June 2007 and November 2018 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is RIMINI?

RIMINI is 116m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 RIMINI lies on this distribution: 30% of detached houses are smaller than RIMINI, and 70% of houses are larger. Note that EPC data is not available for all properties in East Barkwith.

RIMINI: Plot and Title Map

RIMINI sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of RIMINI, 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 RIMINI). 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 RIMINI?

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