RISHWORTH, FANNY HANDS LANE, LUDFORD, MARKET RASEN, LN8 6AL - £146,500

RISHWORTH is a large detached house of 130m², built sometime between 1950 and 1966. It was last sold for £146,500 in November 2014, which was around 18% below the average November 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was A.

RISHWORTH Sold Prices

Land registry data shows two sales for RISHWORTH 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 RISHWORTH 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
2014 19 NOV	£146,500	£177,608	18% below HPI
2013 29 OCT	£115,000	£170,169	32% below HPI

RISHWORTH 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 RISHWORTH sales from October 2013 and November 2014 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 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is RISHWORTH?

RISHWORTH is 130m² according to the EPC inspection conducted in May 2023. 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 RISHWORTH lies on this distribution: 73% of detached houses are smaller than RISHWORTH, and 28% of houses are larger. Note that EPC data is not available for all properties in Ludford.

RISHWORTH: Plot and Title Map

RISHWORTH sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of RISHWORTH, 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 RISHWORTH). 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 RISHWORTH?

RISHWORTH is located on FANNY HANDS LANE in LUDFORD, in the LN8 postcode district. The below map shows the position of RISHWORTH on FANNY HANDS LANE.