16 Prospect Place

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

    This terraced freehold property on Prospect Place last sold in July 2002 for £38,000. Based on price growth in the LN8 district since then, its estimated current value is £104,451 — placing it in the 4th percentile nationally and the 7th percentile within LN8. The property covers 58 m² (624 sq ft), giving an estimated value of £1,801 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £38,000

    Jul 2002

    Estimated Valuation

    £104,451

    Est. £/sq ft

    £167/sq ft

    £1,801/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    12 Jul 2002

    £38,000

    1 Oct 1999

    £26,000

    Key Metrics

    Estimated valuation£104,451
    Value per sq ft / m²£167/sq ft (£1,801/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile7th percentile
    National percentile4th 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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