25, THE FURLONGS, MARKET RASEN, LN8 3DF - £245,000

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

25 THE FURLONGS is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £245,000 in April 2024, which was around 10% below the average April 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was B.

25 THE FURLONGS Sold Prices

Land registry data shows five sales for 25 THE FURLONGS 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 25 THE FURLONGS 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 12 APR	£245,000	£271,219	10% below HPI
2021 30 JUN	£257,500	£258,781	Close to HPI
2017 29 SEP	£215,000	£216,820	1% below HPI
2011 22 SEP	£150,000	£180,876	17% below HPI
2005 12 MAY	£195,995	£167,322	17% above HPI

25 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 five 25 THE FURLONGS sales between May 2005 and April 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 June 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 25 THE FURLONGS?

25 THE FURLONGS is 113m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 25 THE FURLONGS lies on this distribution: 56% of detached houses are smaller than 25 THE FURLONGS, and 44% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

25 THE FURLONGS: Plot and Title Map

25 THE FURLONGS sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 25 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 25 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 25 THE FURLONGS?

25 THE FURLONGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 25 on THE FURLONGS.