THE PINES, WILLINGHAM ROAD, MARKET RASEN, LN8 3RE - £661,000

THE PINES is a very large detached house of 265m². It was last sold for £661,000 in September 2021, which was around 162% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

THE PINES Sold Prices

Land registry data shows two sales for THE PINES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two THE PINES 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 30 SEP	£661,000	£252,547	162% above HPI
2018 16 AUG	£475,000	£226,699	110% above HPI

THE PINES 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 two THE PINES sales from August 2018 and September 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 August 2018 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the September 2021 sale, where it rises to 162% above the HPI. The line then continues to track at 162% above the HPI.

How Large is THE PINES?

THE PINES is 265m² according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where THE PINES lies on this distribution: 99% of detached houses are smaller than THE PINES, and 1% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.333 of an acre, or 1,346m². The below map shows the location of THE PINES, 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 PINES). 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 PINES?

THE PINES is located on WILLINGHAM ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of THE PINES on WILLINGHAM ROAD.