WELLINGTONIA HOUSE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU - £325,000

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.

WELLINGTONIA HOUSE is a very large detached house of 205m², which could now be worth an estimated £428,090. It was last sold for £325,000 in March 2017, which was around 56% above the average March 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

WELLINGTONIA HOUSE Sold Prices

Land registry data shows four sales for WELLINGTONIA HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four WELLINGTONIA HOUSE sales were for above the average price, and four were 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
2017 31 MAR	£325,000	£208,295	56% above HPI
2013 14 NOV	£270,000	£187,316	44% above HPI
2006 21 DEC	£120,000	£191,459	37% below HPI
2002 2 DEC	£50,000	£116,813	57% below HPI

WELLINGTONIA HOUSE 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 four WELLINGTONIA HOUSE sales between December 2002 and March 2017 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 November 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2017 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might WELLINGTONIA HOUSE be worth now?

WELLINGTONIA HOUSE might now be worth an estimated £428,090.

This is based on house price inflation of 31.7%, between March 2017 and June 2025, for detached 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 31.7% inflationary increase is applied to the most recent sale price for WELLINGTONIA HOUSE of £325,000 on 31st March 2017. For the value to have increased from £325,000 to £428,090 over the seven years and nine months to June 2025, the following assumptions must hold true:

• The value of WELLINGTONIA HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of WELLINGTONIA HOUSE has not materially changed since March 2017.

How Large is WELLINGTONIA HOUSE?

WELLINGTONIA HOUSE is 205m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses houses in Middle Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Rasen, and where WELLINGTONIA HOUSE lies on this distribution: 95% of detached houses houses are smaller than WELLINGTONIA HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Middle Rasen.

WELLINGTONIA HOUSE: Plot and Title Map

WELLINGTONIA HOUSE sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of WELLINGTONIA HOUSE, 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 WELLINGTONIA HOUSE). 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 WELLINGTONIA HOUSE?

WELLINGTONIA HOUSE is located on GAINSBOROUGH ROAD in MIDDLE RASEN, in the LN8 postcode district. The below map shows the position of WELLINGTONIA HOUSE on GAINSBOROUGH ROAD.