8, KINGFISHER DRIVE, MARKET RASEN, LN8 3TH - £210,000

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.

8 KINGFISHER DRIVE is a large detached house of 124m², built sometime from 2007 onwards, which could now be worth an estimated £272,417. It was last sold for £210,000 in November 2018, which was around 6% below the average November 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

8 KINGFISHER DRIVE Sold Prices

Land registry data shows four sales for 8 KINGFISHER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 8 KINGFISHER DRIVE 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 9 NOV	£210,000	£224,413	6% below HPI
2018 7 NOV	£210,000	£224,413	6% below HPI
2016 9 DEC	£193,000	£209,449	8% below HPI
2009 18 DEC	£185,000	£179,820	3% above HPI

8 KINGFISHER DRIVE 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 four 8 KINGFISHER DRIVE sales between December 2009 and November 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 November 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2018 sale, which was also at 6% below the HPI.

What might 8 KINGFISHER DRIVE be worth now?

8 KINGFISHER DRIVE might now be worth an estimated £272,417.

This is based on house price inflation of 29.7%, between November 2018 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 29.7% inflationary increase is applied to the most recent sale price for 8 KINGFISHER DRIVE of £210,000 on 9th November 2018. For the value to have increased from £210,000 to £272,417 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 KINGFISHER DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KINGFISHER DRIVE has not materially changed since November 2018.

How Large is 8 KINGFISHER DRIVE?

8 KINGFISHER DRIVE is 124m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% 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 8 KINGFISHER DRIVE lies on this distribution: 70% of detached houses houses are smaller than 8 KINGFISHER DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

8 KINGFISHER DRIVE: Plot and Title Map

8 KINGFISHER DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 KINGFISHER DRIVE, 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 8 KINGFISHER DRIVE). 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 8 KINGFISHER DRIVE?

8 KINGFISHER DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 8 on KINGFISHER DRIVE.