1, SADDLERS WAY, MARKET RASEN, LN8 3FP - £212,000

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.

1 SADDLERS WAY is a small detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £305,656. It was last sold for £212,000 in July 2016, which was around 5% above the average July 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was B, and the potential energy rating was B.

1 SADDLERS WAY Sold Prices

Land registry data shows two sales for 1 SADDLERS WAY 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 1 SADDLERS 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
2016 11 JUL	£212,000	£201,914	5% above HPI
2003 3 OCT	£160,250	£149,607	7% above HPI

1 SADDLERS WAY 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 1 SADDLERS WAY sales from October 2003 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 October 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 SADDLERS WAY be worth now?

1 SADDLERS WAY might now be worth an estimated £305,656.

This is based on house price inflation of 44.2%, between July 2016 and February 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 44.2% inflationary increase is applied to the most recent sale price for 1 SADDLERS WAY of £212,000 on 11th July 2016. For the value to have increased from £212,000 to £305,656 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 1 SADDLERS WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2016 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SADDLERS WAY has not materially changed since July 2016.

How Large is 1 SADDLERS WAY?

1 SADDLERS WAY is 90m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 1 SADDLERS WAY lies on this distribution: 26% of detached houses houses are smaller than 1 SADDLERS WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

1 SADDLERS WAY: Plot and Title Map

1 SADDLERS WAY sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 1 SADDLERS 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 1 SADDLERS 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 1 SADDLERS WAY?

1 SADDLERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 1 on SADDLERS WAY.