HOLBEACH HOUSE, HIGH STREET, FALDINGWORTH, MARKET RASEN, LN8 3SE - £230,000

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

HOLBEACH HOUSE is a very small extended detached house of 55m², built sometime before 1900. It was last sold for £230,000 in May 2021, which was around 8% below the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

HOLBEACH HOUSE Sold Prices

Land registry data shows two sales for HOLBEACH HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two HOLBEACH HOUSE 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
2021 17 MAY	£230,000	£251,203	8% below HPI
2012 29 JUN	£120,000	£175,745	32% below HPI

HOLBEACH HOUSE 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 two HOLBEACH HOUSE sales from June 2012 and May 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 June 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is HOLBEACH HOUSE?

HOLBEACH HOUSE is 55m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Faldingworth, and where HOLBEACH HOUSE lies on this distribution: Less than 1% of detached houses are smaller than HOLBEACH HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

HOLBEACH HOUSE: Plot and Title Map

HOLBEACH HOUSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of HOLBEACH HOUSE, 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 HOLBEACH HOUSE). 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 HOLBEACH HOUSE?

HOLBEACH HOUSE is located on HIGH STREET in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of HOLBEACH HOUSE on HIGH STREET.