12, THE FURLONGS, MARKET RASEN, LN8 3DF - £240,000

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.

12 THE FURLONGS is a large semi-detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £250,942. It was last sold for £240,000 in August 2023, which was around 34% above the average August 2023 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

12 THE FURLONGS Sold Prices

Land registry data shows four sales for 12 THE FURLONGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 12 THE FURLONGS 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
2023 1 AUG	£240,000	£178,543	34% above HPI
2019 28 JUN	£240,000	£136,540	76% above HPI
2016 14 OCT	£240,000	£129,906	85% above HPI
2005 1 APR	£195,995	£107,839	82% above HPI

12 THE FURLONGS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 12 THE FURLONGS sales between April 2005 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 June 2019 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the August 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 THE FURLONGS be worth now?

12 THE FURLONGS might now be worth an estimated £250,942.

This is based on house price inflation of 4.6%, between August 2023 and February 2025, for semi-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 4.6% inflationary increase is applied to the most recent sale price for 12 THE FURLONGS of £240,000 on 1st August 2023. For the value to have increased from £240,000 to £250,942 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 12 THE FURLONGS has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The August 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE FURLONGS has not materially changed since August 2023.

How Large is 12 THE FURLONGS?

12 THE FURLONGS is 130m² according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of semi-detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Rasen, and where 12 THE FURLONGS lies on this distribution: 74% of semi-detached houses houses are smaller than 12 THE FURLONGS, and 25% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

12 THE FURLONGS: Plot and Title Map

12 THE FURLONGS sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 12 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 12 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 12 THE FURLONGS?

12 THE FURLONGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 12 on THE FURLONGS.