42, THE FURLONGS, MARKET RASEN, LN8 3DF - £220,000

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

42 THE FURLONGS is a small detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £282,826. It was last sold for £220,000 in April 2018, which was around 1% below the average April 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

42 THE FURLONGS Sold Prices

Land registry data shows three sales for 42 THE FURLONGS 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. All of the three 42 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
2018 27 APR	£220,000	£221,628	1% below HPI
2016 2 MAR	£174,000	£200,255	13% below HPI
2005 16 DEC	£164,995	£177,042	7% below HPI

42 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 three 42 THE FURLONGS sales between December 2005 and April 2018 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 March 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 42 THE FURLONGS be worth now?

42 THE FURLONGS might now be worth an estimated £282,826.

This is based on house price inflation of 28.6%, between April 2018 and December 2024, 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 28.6% inflationary increase is applied to the most recent sale price for 42 THE FURLONGS of £220,000 on 27th April 2018. For the value to have increased from £220,000 to £282,826 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 42 THE FURLONGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 42 THE FURLONGS has not materially changed since April 2018.

How Large is 42 THE FURLONGS?

42 THE FURLONGS is 90m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% 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 42 THE FURLONGS lies on this distribution: 25% of detached houses houses are smaller than 42 THE FURLONGS, and 73% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

42 THE FURLONGS: Plot and Title Map

42 THE FURLONGS sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 42 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 42 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 42 THE FURLONGS?

42 THE FURLONGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 42 on THE FURLONGS.