2 Mill Street

    2, MILL STREET, MARKET RASEN, LN8 3BG

    This terraced freehold property on Mill Street last sold in September 2024 for £162,000. Based on price growth in the LN8 district since then, its estimated current value is £168,057 — placing it in the 16th percentile nationally and the 26th percentile within LN8. The property covers 104 m² (1,119 sq ft), giving an estimated value of £1,616 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,119 sq ft

    104 m²

    Last Sale Price

    £162,000

    Sept 2024

    Estimated Valuation

    £168,057

    Est. £/sq ft

    £150/sq ft

    £1,616/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,119 sq ft (104 m²)
    EPC dateJul 2022
    WallsSolid brick, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2024

    £162,000

    12 Mar 2020

    £143,500

    22 Jul 2019

    £65,000

    Key Metrics

    Estimated valuation£168,057
    Value per sq ft / m²£150/sq ft (£1,616/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile26th percentile
    National percentile16th 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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