18, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 MARKET RASEN WAY is a midsized detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £270,968. It was last sold for £270,000 in November 2024, which was around 5% below the average November 2024 detached price in the South Holland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

18 MARKET RASEN WAY Sold Prices

Land registry data shows five sales for 18 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. The five 18 MARKET RASEN WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2024 1 NOV	£270,000	£284,967	5% below HPI
2012 8 MAR	£147,500	£156,069	5% below HPI
2002 5 JUL	£110,000	£111,321	1% below HPI
2000 21 JUN	£82,995	£82,001	1% above HPI
1999 6 AUG	£69,363	£69,056	Close to HPI

18 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 five 18 MARKET RASEN WAY sales between August 1999 and November 2024 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 March 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2024 sale, which was also at 5% below the HPI.

What might 18 MARKET RASEN WAY be worth now?

18 MARKET RASEN WAY might now be worth an estimated £270,968.

This is based on house price inflation of 0.4%, between November 2024 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 18 MARKET RASEN WAY of £270,000 on 1st November 2024. For the value to have increased from £270,000 to £270,968 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 18 MARKET RASEN WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2024 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MARKET RASEN WAY has not materially changed since November 2024.

How Large is 18 MARKET RASEN WAY?

18 MARKET RASEN WAY is 100m² according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach, and where 18 MARKET RASEN WAY lies on this distribution: 51% of detached houses houses are smaller than 18 MARKET RASEN WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

18 MARKET RASEN WAY: Plot and Title Map

18 MARKET RASEN WAY sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 18 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 18 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 18 MARKET RASEN WAY?

18 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 18 on MARKET RASEN WAY.