10, THE FURLONGS, MARKET RASEN, LN8 3DF - £235,000

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 THE FURLONGS is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £235,000 in August 2023, which was around 16% below the average August 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

10 THE FURLONGS Sold Prices

Land registry data shows two sales for 10 THE FURLONGS 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 10 THE FURLONGS sales 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
2023 22 AUG	£235,000	£279,373	16% below HPI
2004 29 OCT	£155,995	£172,079	9% below HPI

10 THE FURLONGS 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 10 THE FURLONGS sales from October 2004 and August 2023 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 10 THE FURLONGS?

10 THE FURLONGS is 103m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 THE FURLONGS lies on this distribution: 45% of detached houses are smaller than 10 THE FURLONGS, and 54% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

10 THE FURLONGS: Plot and Title Map

10 THE FURLONGS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 10 THE FURLONGS, 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 THE FURLONGS). 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 THE FURLONGS?

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