38 Union Street

    38, UNION STREET, MARKET RASEN, LN8 3AA

    This terraced freehold property on Union Street last sold in January 2024 for £72,000. Based on price growth in the LN8 district since then, its estimated current value is £74,692 — placing it in the 1st percentile nationally and the 2nd percentile within LN8. The property covers 75 m² (807 sq ft), giving an estimated value of £996 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £72,000

    Jan 2024

    Estimated Valuation

    £74,692

    Est. £/sq ft

    £93/sq ft

    £996/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateFeb 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jan 2024

    £72,000

    21 Jan 2004

    £82,500

    30 Mar 2001

    £37,000

    Key Metrics

    Estimated valuation£74,692
    Value per sq ft / m²£93/sq ft (£996/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile2nd percentile
    National percentile1st 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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