THE CHESTNUTS, GLENTHAM, MARKET RASEN, LN8 2AF - £650,000

THE CHESTNUTS is a very large extended detached house of 920m², built sometime before 1900. It was last sold for £650,000 in February 2021, which was around 163% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three THE CHESTNUTS 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
2021 15 FEB	£650,000	£247,515	163% above HPI
2004 8 APR	£245,000	£153,384	60% above HPI
2001 9 FEB	£127,000	£81,251	56% above HPI

THE CHESTNUTS 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 three THE CHESTNUTS sales between February 2001 and February 2021 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 April 2004 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the February 2021 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 920m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where THE CHESTNUTS lies on this distribution: More than 99% of detached houses are smaller than THE CHESTNUTS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Glentham.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 1.5 acres, or 6,170m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located in GLENTHAM, in the LN8 postcode district. The below map shows the position of THE CHESTNUTS in GLENTHAM.