4, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £180,000

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

4 MARKET RASEN WAY is a very large extended detached house of 162m², built sometime between 1996 and 2002, which could now be worth an estimated £303,784. It was last sold for £180,000 in November 2013, which was around 6% above the average November 2013 detached price in the South Holland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

4 MARKET RASEN WAY Sold Prices

Land registry data shows four sales for 4 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 4 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
2013 4 NOV	£180,000	£169,456	6% above HPI
2002 20 JUN	£160,000	£108,738	47% above HPI
2000 20 SEP	£100,000	£85,537	17% above HPI
1998 27 NOV	£95,950	£63,539	51% above HPI

4 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 four 4 MARKET RASEN WAY sales between November 1998 and November 2013 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 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2013 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 4 MARKET RASEN WAY be worth now?

4 MARKET RASEN WAY might now be worth an estimated £303,784.

This is based on house price inflation of 68.8%, between November 2013 and December 2024, for 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 68.8% inflationary increase is applied to the most recent sale price for 4 MARKET RASEN WAY of £180,000 on 4th November 2013. For the value to have increased from £180,000 to £303,784 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 MARKET RASEN WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2013 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARKET RASEN WAY has not materially changed since November 2013.

How Large is 4 MARKET RASEN WAY?

4 MARKET RASEN WAY is 162m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach, and where 4 MARKET RASEN WAY lies on this distribution: 91% of detached houses houses are smaller than 4 MARKET RASEN WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

4 MARKET RASEN WAY: Plot and Title Map

4 MARKET RASEN WAY sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 4 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 4 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 4 MARKET RASEN WAY?

4 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 4 on MARKET RASEN WAY.