33, THE FURLONGS, MARKET RASEN, LN8 3DF - £182,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

33 THE FURLONGS is a midsized detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £245,443. It was last sold for £182,000 in May 2017, which was around 16% below the average May 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

33 THE FURLONGS Sold Prices

Land registry data shows two sales for 33 THE FURLONGS 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 33 THE FURLONGS 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
2017 11 MAY	£182,000	£215,866	16% below HPI
2006 30 JUN	£165,995	£175,773	6% below HPI

33 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 two 33 THE FURLONGS sales from June 2006 and May 2017 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 33 THE FURLONGS be worth now?

33 THE FURLONGS might now be worth an estimated £245,443.

This is based on house price inflation of 34.9%, between May 2017 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.9% inflationary increase is applied to the most recent sale price for 33 THE FURLONGS of £182,000 on 11th May 2017. For the value to have increased from £182,000 to £245,443 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 33 THE FURLONGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2017 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 33 THE FURLONGS has not materially changed since May 2017.

How Large is 33 THE FURLONGS?

33 THE FURLONGS is 112m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 33 THE FURLONGS lies on this distribution: 53% of detached houses houses are smaller than 33 THE FURLONGS, and 46% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

33 THE FURLONGS: Plot and Title Map

33 THE FURLONGS sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 33 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 33 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 33 THE FURLONGS?

33 THE FURLONGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 33 on THE FURLONGS.