12 Prospect Place

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

    This terraced freehold property on Prospect Place last sold in November 2005 for £78,000. Based on price growth in the LN8 district since then, its estimated current value is £114,449 — placing it in the 6th percentile nationally and the 9th percentile within LN8. The property covers 57 m² (614 sq ft), giving an estimated value of £2,008 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £78,000

    Nov 2005

    Estimated Valuation

    £114,449

    Est. £/sq ft

    £187/sq ft

    £2,008/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateSept 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2005

    £78,000

    27 Oct 2003

    £59,000

    12 Apr 2002

    £26,600

    30 Apr 1998

    £23,000

    Key Metrics

    Estimated valuation£114,449
    Value per sq ft / m²£187/sq ft (£2,008/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile9th percentile
    National percentile6th 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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