12 Cedar Close

    12, CEDAR CLOSE, MARKET RASEN, LN8 3BE

    This semi-detached leasehold property on Cedar Close last sold in June 2011 for £87,500. Based on price growth in the LN8 district since then, its estimated current value is £131,658 — placing it in the 9th percentile nationally and the 14th percentile within LN8. The property covers 57 m² (614 sq ft), giving an estimated value of £2,310 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £87,500

    Jun 2011

    Estimated Valuation

    £131,658

    Est. £/sq ft

    £215/sq ft

    £2,310/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateJun 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2011

    £87,500

    10 Nov 2000

    £42,250

    7 May 1998

    New build

    £50,350

    Key Metrics

    Estimated valuation£131,658
    Value per sq ft / m²£215/sq ft (£2,310/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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