WILLOW HOUSE, LEGSBY ROAD, MARKET RASEN, LN8 3DY - £251,000

WILLOW HOUSE is a very large extended detached house of 167m², built sometime between 1967 and 1975. It was last sold for £251,000 in July 2016, which was around 26% above the average July 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

WILLOW HOUSE Sold Prices

Land registry data shows two sales for WILLOW HOUSE 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 WILLOW HOUSE 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
2016 7 JUL	£251,000	£199,017	26% above HPI
2008 15 DEC	£285,000	£176,917	61% above HPI

WILLOW 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 two WILLOW HOUSE sales from December 2008 and July 2016 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 December 2008 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is WILLOW HOUSE?

WILLOW HOUSE is 167m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 20% 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 WILLOW HOUSE lies on this distribution: 89% of detached houses are smaller than WILLOW HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

WILLOW HOUSE: Plot and Title Map

WILLOW HOUSE sits on a plot of roughly 0.321 of an acre, or 1,298m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW HOUSE?

WILLOW HOUSE is located on LEGSBY ROAD in MARKET RASEN, in the LN8 postcode district. The below map shows the position of WILLOW HOUSE on LEGSBY ROAD.