32, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £162,000

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

32 MARKET RASEN WAY is a very small semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £212,693. It was last sold for £162,000 in January 2018, which was around 8% above the average January 2018 semi-detached price in the South Holland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

32 MARKET RASEN WAY Sold Prices

Land registry data shows three sales for 32 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the three 32 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
2018 25 JAN	£162,000	£149,949	8% above HPI
2002 29 JUL	£88,000	£69,768	26% above HPI
1999 27 AUG	£56,950	£43,532	31% above HPI

32 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 three 32 MARKET RASEN WAY sales between August 1999 and January 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 July 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 32 MARKET RASEN WAY be worth now?

32 MARKET RASEN WAY might now be worth an estimated £212,693.

This is based on house price inflation of 31.3%, between January 2018 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 31.3% inflationary increase is applied to the most recent sale price for 32 MARKET RASEN WAY of £162,000 on 25th January 2018. For the value to have increased from £162,000 to £212,693 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 32 MARKET RASEN WAY has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The January 2018 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MARKET RASEN WAY has not materially changed since January 2018.

How Large is 32 MARKET RASEN WAY?

32 MARKET RASEN WAY is 76m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 32 MARKET RASEN WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 32 MARKET RASEN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

32 MARKET RASEN WAY: Plot and Title Map

32 MARKET RASEN WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 32 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 32 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 32 MARKET RASEN WAY?

32 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 32 on MARKET RASEN WAY.