5 Cedar Close

    5, CEDAR CLOSE, MARKET RASEN, LN8 3BE

    This terraced leasehold property on Cedar Close last sold in October 2020 for £85,000. Based on price growth in the LN8 district since then, its estimated current value is £104,754 — placing it in the 4th percentile nationally and the 7th percentile within LN8. The property covers 62 m² (667 sq ft), giving an estimated value of £1,690 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £85,000

    Oct 2020

    Estimated Valuation

    £104,754

    Est. £/sq ft

    £157/sq ft

    £1,690/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Oct 2020

    £85,000

    15 Oct 1999

    New build

    £39,900

    Key Metrics

    Estimated valuation£104,754
    Value per sq ft / m²£157/sq ft (£1,690/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile7th percentile
    National percentile4th 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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