29, FERN DRIVE, MARKET RASEN, LN8 3NU - £225,000

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

29 FERN DRIVE is a very large extended detached house of 149m², built sometime between 2003 and 2006. It was last sold for £225,000 in March 2018, which was around 5% above the average March 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

29 FERN DRIVE Sold Prices

Land registry data shows two sales for 29 FERN DRIVE 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. Both of the two 29 FERN DRIVE 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
2018 26 MAR	£225,000	£213,838	5% above HPI
2006 28 APR	£224,950	£175,123	28% above HPI

29 FERN 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 two 29 FERN DRIVE sales from April 2006 and March 2018 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 April 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 29 FERN DRIVE?

29 FERN DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% 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 29 FERN DRIVE lies on this distribution: 83% of detached houses are smaller than 29 FERN DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

29 FERN DRIVE: Plot and Title Map

29 FERN DRIVE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 29 FERN 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 29 FERN 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 29 FERN DRIVE?

29 FERN DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 29 on FERN DRIVE.