Rase Lodge Private Lane

    RASE LODGE, PRIVATE LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2HF

    This detached freehold property on Private Lane last sold in November 2020 for £185,000. Based on price growth in the LN8 district since then, its estimated current value is £219,596 — placing it in the 30th percentile nationally and the 45th percentile within LN8. The property covers 169 m² (1,819 sq ft), giving an estimated value of £1,299 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £185,000

    Nov 2020

    Estimated Valuation

    £219,596

    Est. £/sq ft

    £121/sq ft

    £1,299/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialC
    Floor area1,819 sq ft (169 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    20 Nov 2020

    £185,000

    Key Metrics

    Estimated valuation£219,596
    Value per sq ft / m²£121/sq ft (£1,299/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile45th percentile
    National percentile30th 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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