31, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £305,000

31 MARKET RASEN WAY is a very large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £305,000 in November 2021, which was around 13% above the average November 2021 detached price in the South Holland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

31 MARKET RASEN WAY Sold Prices

Land registry data shows three sales for 31 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 31 MARKET RASEN WAY 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 19 NOV	£305,000	£268,918	13% above HPI
2003 9 MAY	£148,500	£135,334	10% above HPI
1999 18 JAN	£85,950	£64,385	33% above HPI

31 MARKET RASEN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 31 MARKET RASEN WAY sales between January 1999 and November 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 May 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 31 MARKET RASEN WAY?

31 MARKET RASEN WAY is 158m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 31 MARKET RASEN WAY lies on this distribution: 91% of detached houses are smaller than 31 MARKET RASEN WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

31 MARKET RASEN WAY: Plot and Title Map

31 MARKET RASEN WAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 31 MARKET RASEN WAY, 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 31 MARKET RASEN WAY). 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 31 MARKET RASEN WAY?

31 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 31 on MARKET RASEN WAY.