16 Cedar Close

    16, CEDAR CLOSE, MARKET RASEN, LN8 3BE

    This flat/maisonette leasehold property on Cedar Close last sold in April 2023 for £86,000. Based on price growth in the LN8 district since then, its estimated current value is £37,615 — placing it in the 0th percentile nationally and the 0th percentile within LN8. The property covers 52 m² (560 sq ft), giving an estimated value of £723 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £86,000

    Apr 2023

    Estimated Valuation

    £37,615

    Est. £/sq ft

    £67/sq ft

    £723/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Apr 2023

    £86,000

    8 Feb 2018

    £85,000

    18 Jun 2004

    £78,500

    26 Oct 1998

    £47,500

    Key Metrics

    Estimated valuation£37,615
    Value per sq ft / m²£67/sq ft (£723/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile0th percentile
    National percentile0th 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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