20, THE FURLONGS, MARKET RASEN, LN8 3DF - £179,000

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

20 THE FURLONGS is a very large detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £279,833. It was last sold for £179,000 in October 2014, which was around 4% below the average October 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

20 THE FURLONGS Sold Prices

Land registry data shows two sales for 20 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. One of the two 20 THE FURLONGS sales was for below the average price, whilst the other was 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
2014 6 OCT	£179,000	£186,216	4% below HPI
2005 14 NOV	£194,995	£179,888	8% above HPI

20 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 20 THE FURLONGS sales from November 2005 and October 2014 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 November 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 20 THE FURLONGS be worth now?

20 THE FURLONGS might now be worth an estimated £279,833.

This is based on house price inflation of 56.3%, between October 2014 and February 2025, for 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 56.3% inflationary increase is applied to the most recent sale price for 20 THE FURLONGS of £179,000 on 6th October 2014. For the value to have increased from £179,000 to £279,833 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 20 THE FURLONGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2014 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE FURLONGS has not materially changed since October 2014.

How Large is 20 THE FURLONGS?

20 THE FURLONGS is 145m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 20 THE FURLONGS lies on this distribution: 81% of detached houses houses are smaller than 20 THE FURLONGS, and 18% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

20 THE FURLONGS: Plot and Title Map

20 THE FURLONGS sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 20 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 20 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 20 THE FURLONGS?

20 THE FURLONGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 20 on THE FURLONGS.