2a Chapel Street

    2A, CHAPEL STREET, MARKET RASEN, LN8 3AG

    This terraced freehold property on Chapel Street last sold in March 2021 for £120,000. Based on price growth in the LN8 district since then, its estimated current value is £134,495 — placing it in the 9th percentile nationally and the 14th percentile within LN8. The property covers 78 m² (840 sq ft), giving an estimated value of £1,724 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £120,000

    Mar 2021

    Estimated Valuation

    £134,495

    Est. £/sq ft

    £160/sq ft

    £1,724/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJul 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2021

    £120,000

    16 Jul 2007

    £117,000

    Key Metrics

    Estimated valuation£134,495
    Value per sq ft / m²£160/sq ft (£1,724/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile14th percentile
    National percentile9th 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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