27, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £168,500

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

27 MARKET RASEN WAY is a large detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £231,074. It was last sold for £168,500 in August 2016, which was around 19% below the average August 2016 detached price in the South Holland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

27 MARKET RASEN WAY Sold Prices

Land registry data shows four sales for 27 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 27 MARKET RASEN WAY sales were for 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
2016 30 AUG	£168,500	£208,544	19% below HPI
2008 10 NOV	£111,500	£162,156	31% below HPI
2003 24 OCT	£125,000	£146,893	15% below HPI
1999 16 JUL	£63,600	£69,095	8% below HPI

27 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 four 27 MARKET RASEN WAY sales between July 1999 and August 2016 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 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 27 MARKET RASEN WAY be worth now?

27 MARKET RASEN WAY might now be worth an estimated £231,074.

This is based on house price inflation of 37.1%, between August 2016 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 37.1% inflationary increase is applied to the most recent sale price for 27 MARKET RASEN WAY of £168,500 on 30th August 2016. For the value to have increased from £168,500 to £231,074 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 27 MARKET RASEN WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2016 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 27 MARKET RASEN WAY has not materially changed since August 2016.

How Large is 27 MARKET RASEN WAY?

27 MARKET RASEN WAY is 109m² according to the EPC inspection conducted in November 2008. This puts it in the largest 40% 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 27 MARKET RASEN WAY lies on this distribution: 62% of detached houses houses are smaller than 27 MARKET RASEN WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

27 MARKET RASEN WAY: Plot and Title Map

27 MARKET RASEN WAY sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 27 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 27 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 27 MARKET RASEN WAY?

27 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 27 on MARKET RASEN WAY.