38, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 MARKET RASEN WAY is a large extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2022, which was around 12% above the average June 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

38 MARKET RASEN WAY Sold Prices

Land registry data shows three sales for 38 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the three 38 MARKET RASEN WAY sales was for above the average price, whilst two 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
2022 20 JUN	£325,000	£289,234	12% above HPI
2001 26 OCT	£97,950	£100,285	2% below HPI
1999 30 JUL	£65,500	£69,435	6% below HPI

38 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 three 38 MARKET RASEN WAY sales between July 1999 and June 2022 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 October 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 38 MARKET RASEN WAY?

38 MARKET RASEN WAY is 111m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 38 MARKET RASEN WAY lies on this distribution: 65% of detached houses are smaller than 38 MARKET RASEN WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

38 MARKET RASEN WAY: Plot and Title Map

38 MARKET RASEN WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 38 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 38 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 38 MARKET RASEN WAY?

38 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 38 on MARKET RASEN WAY.