44, THE FURLONGS, MARKET RASEN, LN8 3DF - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

44 THE FURLONGS is a midsized detached house of 105m², built sometime from 2007 onwards, which could now be worth an estimated £201,373. It was last sold for £130,000 in March 2014, which was around 31% below the average March 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

44 THE FURLONGS Sold Prices

Land registry data shows three sales for 44 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 44 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
2014 28 MAR	£130,000	£187,934	31% below HPI
2008 25 FEB	£156,000	£197,631	21% below HPI
2006 27 FEB	£159,995	£181,765	12% below HPI

44 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 44 THE FURLONGS sales between February 2006 and March 2014 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 February 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 44 THE FURLONGS be worth now?

44 THE FURLONGS might now be worth an estimated £201,373.

This is based on house price inflation of 54.9%, between March 2014 and February 2025, 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 54.9% inflationary increase is applied to the most recent sale price for 44 THE FURLONGS of £130,000 on 28th March 2014. For the value to have increased from £130,000 to £201,373 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 44 THE FURLONGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2014 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 44 THE FURLONGS has not materially changed since March 2014.

How Large is 44 THE FURLONGS?

44 THE FURLONGS is 105m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% 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 44 THE FURLONGS lies on this distribution: 49% of detached houses houses are smaller than 44 THE FURLONGS, and 51% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

44 THE FURLONGS: Plot and Title Map

44 THE FURLONGS sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 44 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 44 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 44 THE FURLONGS?

44 THE FURLONGS is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 44 on THE FURLONGS.