1 Prospect Place

    1, PROSPECT PLACE, MARKET RASEN, MARKET RASEN, LN8 3AS

    This terraced freehold property on Prospect Place last sold in July 2007 for £173,000. Based on price growth in the LN8 district since then, its estimated current value is £219,208 — placing it in the 29th percentile nationally and the 45th percentile within LN8. The property covers 117 m² (1,259 sq ft), giving an estimated value of £1,874 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £173,000

    Jul 2007

    Estimated Valuation

    £219,208

    Est. £/sq ft

    £174/sq ft

    £1,874/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelhouse coal (not community)
    EPC currentF
    EPC potentialC
    Floor area1,259 sq ft (117 m²)
    EPC dateMar 2026
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, coal

    Transaction History

    11 Jul 2007

    £173,000

    8 Feb 2000

    £35,175

    Key Metrics

    Estimated valuation£219,208
    Value per sq ft / m²£174/sq ft (£1,874/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile45th percentile
    National percentile29th 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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