Melford Well Street

    MELFORD, WELL STREET, BISHOP NORTON, MARKET RASEN, LN8 2AZ

    This detached freehold property on Well Street last sold in June 2016 for £210,000. Based on price growth in the LN8 district since then, its estimated current value is £300,087 — placing it in the 49th percentile nationally and the 70th percentile within LN8. The property covers 166 m² (1,787 sq ft), giving an estimated value of £1,808 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,787 sq ft

    166 m²

    Last Sale Price

    £210,000

    Jun 2016

    Estimated Valuation

    £300,087

    Est. £/sq ft

    £168/sq ft

    £1,808/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area1,787 sq ft (166 m²)
    EPC dateNov 2013
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    3 Jun 2016

    £210,000

    19 Jun 1997

    £76,000

    Key Metrics

    Estimated valuation£300,087
    Value per sq ft / m²£168/sq ft (£1,808/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile70th percentile
    National percentile49th percentile

    District Context — LN8

    LN8 covers the coastal and rural areas around Alford and Spilsby in east Lincolnshire, situated inland from the North Sea coast. It is a predominantly rural postcode with a characterful, quieter appeal suited to those seeking a countryside setting away from urban centres.

    Average Property Price - LN8

    £264,976

    32

    National percentile

    Average Net Household Income - LN8

    £37,112

    45

    National percentile

    10-Year Annualised Price Growth - LN8

    4.0%

    68

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN8

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