10, HERON WAY, MARKET RASEN, LN8 3RB - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 HERON WAY is a midsized detached house of 111m², built sometime between 2003 and 2006. It was last sold for £200,000 in July 2016, which was about the average July 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

10 HERON WAY Sold Prices

Land registry data shows three sales for 10 HERON 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 West Lindsey local authority area for the corresponding sale date. The three 10 HERON WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2016 15 JUL	£200,000	£199,017	Close to HPI
2015 25 FEB	£185,000	£186,306	1% below HPI
2008 15 DEC	£199,950	£176,917	13% above HPI

10 HERON 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 three 10 HERON WAY sales between 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 February 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 10 HERON WAY?

10 HERON WAY is 111m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 10 HERON WAY lies on this distribution: 52% of detached houses are smaller than 10 HERON WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

10 HERON WAY: Plot and Title Map

10 HERON WAY sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 10 HERON 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 10 HERON 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 10 HERON WAY?

10 HERON WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 10 on HERON WAY.