ROSEMARY COTTAGE, PASTURE LANE, MARKET RASEN, LN8 3DT - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSEMARY COTTAGE is a small terraced house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £155,041. It was last sold for £125,000 in July 2018, which was around 13% above the average July 2018 terraced price in the West Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

ROSEMARY COTTAGE Sold Prices

Land registry data shows three sales for ROSEMARY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three ROSEMARY COTTAGE 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
2018 27 JUL	£125,000	£110,188	13% above HPI
2015 28 JUL	£108,000	£96,864	11% above HPI
2001 29 JUN	£49,000	£37,225	32% above HPI

ROSEMARY COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The three ROSEMARY COTTAGE sales between June 2001 and July 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 July 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might ROSEMARY COTTAGE be worth now?

ROSEMARY COTTAGE might now be worth an estimated £155,041.

This is based on house price inflation of 24%, between July 2018 and June 2025, for terraced houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for ROSEMARY COTTAGE of £125,000 on 27th July 2018. For the value to have increased from £125,000 to £155,041 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of ROSEMARY COTTAGE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The July 2018 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEMARY COTTAGE has not materially changed since July 2018.

How Large is ROSEMARY COTTAGE?

ROSEMARY COTTAGE is 84m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of terraced houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Market Rasen, and where ROSEMARY COTTAGE lies on this distribution: 21% of terraced houses houses are smaller than ROSEMARY COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

ROSEMARY COTTAGE: Plot and Title Map

ROSEMARY COTTAGE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of ROSEMARY COTTAGE, 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 ROSEMARY COTTAGE). 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 ROSEMARY COTTAGE?

ROSEMARY COTTAGE is located on PASTURE LANE in MARKET RASEN, in the LN8 postcode district. The below map shows the position of ROSEMARY COTTAGE on PASTURE LANE.