2 Prospect Place

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

    This terraced freehold property on Prospect Place last sold in October 2004 for £78,250. Based on price growth in the LN8 district since then, its estimated current value is £131,429 — placing it in the 9th percentile nationally and the 14th percentile within LN8. The property covers 69 m² (743 sq ft), giving an estimated value of £1,905 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £78,250

    Oct 2004

    Estimated Valuation

    £131,429

    Est. £/sq ft

    £177/sq ft

    £1,905/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateJan 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2004

    £78,250

    24 Sept 1996

    £25,000

    Key Metrics

    Estimated valuation£131,429
    Value per sq ft / m²£177/sq ft (£1,905/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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