Penfold Lodge Penfold Lane

    PENFOLD LODGE, PENFOLD LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2FS

    This detached freehold property on Penfold Lane last sold in July 2016 for £315,000. Based on price growth in the LN8 district since then, its estimated current value is £450,130 — placing it in the 74th percentile nationally and the 90th percentile within LN8. The property covers 161 m² (1,733 sq ft), giving an estimated value of £2,796 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,733 sq ft

    161 m²

    Last Sale Price

    £315,000

    Jul 2016

    Estimated Valuation

    £450,130

    Est. £/sq ft

    £260/sq ft

    £2,796/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms8
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area1,733 sq ft (161 m²)
    EPC dateJul 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    21 Jul 2016

    £315,000

    Key Metrics

    Estimated valuation£450,130
    Value per sq ft / m²£260/sq ft (£2,796/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile90th percentile
    National percentile74th 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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