28, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £161,000

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

28 MARKET RASEN WAY is a small semi-detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £201,549. It was last sold for £161,000 in June 2019, which was around 2% above the average June 2019 semi-detached price in the South Holland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

28 MARKET RASEN WAY Sold Prices

Land registry data shows two sales for 28 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. Both of the two 28 MARKET RASEN WAY sales were 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
2019 27 JUN	£161,000	£157,263	2% above HPI
1999 6 AUG	£55,000	£43,532	26% above HPI

28 MARKET RASEN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The two 28 MARKET RASEN WAY sales from August 1999 and June 2019 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 August 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 28 MARKET RASEN WAY be worth now?

28 MARKET RASEN WAY might now be worth an estimated £201,549.

This is based on house price inflation of 25.2%, between June 2019 and December 2024, for semi-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 25.2% inflationary increase is applied to the most recent sale price for 28 MARKET RASEN WAY of £161,000 on 27th June 2019. For the value to have increased from £161,000 to £201,549 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 28 MARKET RASEN WAY has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The June 2019 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MARKET RASEN WAY has not materially changed since June 2019.

How Large is 28 MARKET RASEN WAY?

28 MARKET RASEN WAY is 89m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of semi-detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Holbeach, and where 28 MARKET RASEN WAY lies on this distribution: 35% of semi-detached houses houses are smaller than 28 MARKET RASEN WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

28 MARKET RASEN WAY: Plot and Title Map

28 MARKET RASEN WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 28 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 28 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 28 MARKET RASEN WAY?

28 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 28 on MARKET RASEN WAY.