2, KINGFISHER DRIVE, MARKET RASEN, LN8 3TH - £278,000

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

2 KINGFISHER DRIVE is a large detached house of 125m², built sometime from 2012 onwards. It was last sold for £278,000 in August 2023, which was about the average August 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 KINGFISHER DRIVE Sold Prices

Land registry data shows five sales for 2 KINGFISHER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The five 2 KINGFISHER DRIVE 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
2023 7 AUG	£278,000	£279,373	Close to HPI
2014 23 MAY	£180,000	£184,675	3% below HPI
2014 20 MAY	£175,000	£184,675	5% below HPI
2010 13 AUG	£190,000	£189,838	Close to HPI
2008 22 FEB	£203,000	£194,796	4% above HPI

2 KINGFISHER DRIVE 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 five 2 KINGFISHER DRIVE sales between February 2008 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 May 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 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 2 KINGFISHER DRIVE?

2 KINGFISHER DRIVE is 125m² according to the EPC inspection conducted in July 2022. This puts it in the largest 30% 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 2 KINGFISHER DRIVE lies on this distribution: 70% of detached houses are smaller than 2 KINGFISHER DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

2 KINGFISHER DRIVE: Plot and Title Map

2 KINGFISHER DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 KINGFISHER DRIVE, 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 2 KINGFISHER DRIVE). 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 2 KINGFISHER DRIVE?

2 KINGFISHER DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 2 on KINGFISHER DRIVE.