42, MARKET RASEN WAY, HOLBEACH, SPALDING, PE12 7QX - £250,000

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

42 MARKET RASEN WAY is a midsized detached house of 95m², built sometime between 1996 and 2002. It was last sold for £250,000 in December 2021, which was around 7% below the average December 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

42 MARKET RASEN WAY Sold Prices

Land registry data shows two sales for 42 MARKET RASEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 42 MARKET RASEN WAY sales was for below the average price, whilst the other 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
2021 20 DEC	£250,000	£268,384	7% below HPI
1999 7 MAY	£80,000	£70,373	14% above HPI

42 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 two 42 MARKET RASEN WAY sales from May 1999 and December 2021 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 May 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 42 MARKET RASEN WAY?

42 MARKET RASEN WAY is 95m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 42 MARKET RASEN WAY lies on this distribution: 42% of detached houses are smaller than 42 MARKET RASEN WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

42 MARKET RASEN WAY: Plot and Title Map

42 MARKET RASEN WAY sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 42 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 42 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 42 MARKET RASEN WAY?

42 MARKET RASEN WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 42 on MARKET RASEN WAY.