The Cottage Chapel Lane

    THE COTTAGE, CHAPEL LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2HG

    This semi-detached freehold property on Chapel Lane last sold in November 2024 for £217,500. Based on price growth in the LN8 district since then, its estimated current value is £181,115 — placing it in the 20th percentile nationally and the 31st percentile within LN8. The property covers 108 m² (1,163 sq ft), giving an estimated value of £1,677 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £217,500

    Nov 2024

    Estimated Valuation

    £181,115

    Est. £/sq ft

    £156/sq ft

    £1,677/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateDec 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    29 Nov 2024

    £217,500

    13 Aug 2020

    £165,000

    14 May 1999

    £50,000

    Key Metrics

    Estimated valuation£181,115
    Value per sq ft / m²£156/sq ft (£1,677/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile31st percentile
    National percentile20th 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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