3a Prospect Place

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

    This terraced freehold property on Prospect Place last sold in November 2023 for £85,000. Based on price growth in the LN8 district since then, its estimated current value is £77,990 — placing it in the 1st percentile nationally and the 3rd percentile within LN8. The property covers 84 m² (904 sq ft), giving an estimated value of £928 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £85,000

    Nov 2023

    Estimated Valuation

    £77,990

    Est. £/sq ft

    £86/sq ft

    £928/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateSept 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2023

    £85,000

    22 Nov 2013

    £81,000

    Key Metrics

    Estimated valuation£77,990
    Value per sq ft / m²£86/sq ft (£928/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile3rd percentile
    National percentile1st 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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