5 Prospect House Prospect Place

    5 PROSPECT HOUSE, PROSPECT PLACE, MARKET RASEN, MARKET RASEN, LN8 3AS

    This flat/maisonette leasehold property on Prospect Place last sold in November 2003 for £37,600. Based on price growth in the LN8 district since then, its estimated current value is £78,157 — placing it in the 1st percentile nationally and the 3rd percentile within LN8. The property covers 61 m² (657 sq ft), giving an estimated value of £1,281 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £37,600

    Nov 2003

    Estimated Valuation

    £78,157

    Est. £/sq ft

    £119/sq ft

    £1,281/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2003

    £37,600

    Key Metrics

    Estimated valuation£78,157
    Value per sq ft / m²£119/sq ft (£1,281/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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