The Olde Post House, 24 Main Street

    THE OLDE POST HOUSE, 24, MAIN STREET, NORMANBY BY SPITAL, MARKET RASEN, LN8 2HE

    This detached freehold property on Main Street last sold in October 2015 for £290,000. Based on price growth in the LN8 district since then, its estimated current value is £392,612 — placing it in the 66th percentile nationally and the 84th percentile within LN8. The property covers 263 m² (2,831 sq ft), giving an estimated value of £1,493 per m². The EPC rating is G, with a potential rating of F.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,831 sq ft

    263 m²

    Last Sale Price

    £290,000

    Oct 2015

    Estimated Valuation

    £392,612

    Est. £/sq ft

    £139/sq ft

    £1,493/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms12
    Main fuelbottled LPG
    EPC currentG
    EPC potentialF
    Floor area2,831 sq ft (263 m²)
    EPC dateDec 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    9 Oct 2015

    £290,000

    Key Metrics

    Estimated valuation£392,612
    Value per sq ft / m²£139/sq ft (£1,493/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile84th percentile
    National percentile66th 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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