1 Chestnut Grove

    1, CHESTNUT GROVE, GLENTHAM, MARKET RASEN, LN8 2BW

    This detached freehold property on Chestnut Grove last sold in September 2022 for £775,000. Based on price growth in the LN8 district since then, its estimated current value is £735,029 — placing it in the 91st percentile nationally and the 98th percentile within LN8. The property covers 293 m² (3,154 sq ft), giving an estimated value of £2,509 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,154 sq ft

    293 m²

    Last Sale Price

    £775,000

    Sept 2022

    Estimated Valuation

    £735,029

    Est. £/sq ft

    £233/sq ft

    £2,509/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area3,154 sq ft (293 m²)
    EPC dateAug 2022
    WallsGranite or whinstone, with internal insulation
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    5 Sept 2022

    £775,000

    Key Metrics

    Estimated valuation£735,029
    Value per sq ft / m²£233/sq ft (£2,509/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile98th percentile
    National percentile91st 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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