Rainbow Cottage Main Road

    RAINBOW COTTAGE, MAIN ROAD, SOUTH RESTON, LOUTH, LN11 8JQ

    This detached freehold property on Main Road last sold in November 2016 for £130,000. Based on price growth in the LN11 district since then, its estimated current value is £197,504 — placing it in the 24th percentile nationally and the 37th percentile within LN11. The property covers 108 m² (1,163 sq ft), giving an estimated value of £1,829 per m². The EPC rating is G, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £130,000

    Nov 2016

    Estimated Valuation

    £197,504

    Est. £/sq ft

    £170/sq ft

    £1,829/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelbottled LPG
    EPC currentG
    EPC potentialD
    Floor area1,163 sq ft (108 m²)
    EPC dateJul 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    22 Nov 2016

    £130,000

    Key Metrics

    Estimated valuation£197,504
    Value per sq ft / m²£170/sq ft (£1,829/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN11 district percentile37th percentile
    National percentile24th percentile

    District Context — LN11

    LN11 covers the Mablethorpe and Sutton on Sea area on the Lincolnshire coast, south of Grimsby. It is a seaside locality with a mix of retirement homes, holiday accommodation, and established residential communities.

    Average Property Price - LN11

    £257,331

    30

    National percentile

    Average Net Household Income - LN11

    £34,435

    28

    National percentile

    10-Year Annualised Price Growth - LN11

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN11

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