THORNLEA, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £300,000

THORNLEA is a very large extended detached house of 167m², built sometime between 1976 and 1982. It was last sold for £300,000 in January 2019, which was around 36% above the average January 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

THORNLEA Sold Prices

Land registry data shows three sales for THORNLEA 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 THORNLEA 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
2019 25 JAN	£300,000	£221,296	36% above HPI
2014 14 MAR	£280,000	£185,238	51% above HPI
2007 15 AUG	£289,950	£195,479	48% above HPI

THORNLEA 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 THORNLEA sales between August 2007 and January 2019 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 March 2014 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the January 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is THORNLEA?

THORNLEA is 167m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 THORNLEA lies on this distribution: 90% of detached houses are smaller than THORNLEA, and 10% of houses are larger. Note that EPC data is not available for all properties in Glentham.

THORNLEA: Plot and Title Map

THORNLEA sits on a plot of roughly 0.236 of an acre, or 957m². The below map shows the location of THORNLEA, 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 THORNLEA). 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 THORNLEA?

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