Summerfield Middlefield Lane

    SUMMERFIELD, MIDDLEFIELD LANE, GLENTHAM, MARKET RASEN, LN8 2ET

    This detached freehold property on Middlefield Lane last sold in May 2017 for £265,000. Based on price growth in the LN8 district since then, its estimated current value is £353,006 — placing it in the 60th percentile nationally and the 80th percentile within LN8. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,043 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £265,000

    May 2017

    Estimated Valuation

    £353,006

    Est. £/sq ft

    £283/sq ft

    £3,043/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    31 May 2017

    £265,000

    Key Metrics

    Estimated valuation£353,006
    Value per sq ft / m²£283/sq ft (£3,043/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile80th percentile
    National percentile60th 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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