THE HEDGEROW, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £240,000

THE HEDGEROW is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2018, which was around 8% above the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

THE HEDGEROW Sold Prices

Land registry data shows three sales for THE HEDGEROW 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. Two of the three THE HEDGEROW sales were for above the average price, whilst one was 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 8 JUN	£240,000	£221,675	8% above HPI
2016 30 SEP	£225,000	£201,570	12% above HPI
2015 15 SEP	£194,500	£198,433	2% below HPI

THE HEDGEROW 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 HEDGEROW sales between September 2015 and June 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 September 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE HEDGEROW?

THE HEDGEROW is 103m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 HEDGEROW lies on this distribution: 30% of detached houses are smaller than THE HEDGEROW, and 70% of houses are larger. Note that EPC data is not available for all properties in Glentham.

THE HEDGEROW: Plot and Title Map

THE HEDGEROW sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of THE HEDGEROW, 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 HEDGEROW). 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 HEDGEROW?

THE HEDGEROW is located on BISHOP NORTON ROAD in GLENTHAM, in the LN8 postcode district. The below map shows the position of THE HEDGEROW on BISHOP NORTON ROAD.