4, SADDLERS WAY, MARKET RASEN, LN8 3FP - £265,000

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

4 SADDLERS WAY is a very small detached house of 53m², built sometime between 2003 and 2006. It was last sold for £265,000 in February 2022, which was around 3% below the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

4 SADDLERS WAY Sold Prices

Land registry data shows three sales for 4 SADDLERS 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 West Lindsey local authority area for the corresponding sale date. Two of the three 4 SADDLERS WAY sales were for below the average price, whilst one was 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
2022 3 FEB	£265,000	£273,756	3% below HPI
2016 9 AUG	£184,000	£202,460	9% below HPI
2007 16 FEB	£186,000	£184,431	1% above HPI

4 SADDLERS WAY 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 three 4 SADDLERS WAY sales between February 2007 and February 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 August 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 SADDLERS WAY?

4 SADDLERS WAY is 53m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 4 SADDLERS WAY lies on this distribution: 1% of detached houses are smaller than 4 SADDLERS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

4 SADDLERS WAY: Plot and Title Map

4 SADDLERS WAY sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 4 SADDLERS 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 SADDLERS 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 SADDLERS WAY?

4 SADDLERS WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 4 on SADDLERS WAY.