12 Wells Drive

    12, WELLS DRIVE, MARKET RASEN, LN8 3EF

    This detached freehold property on Wells Drive last sold in December 2024 for £205,000. Based on price growth in the LN8 district since then, its estimated current value is £203,312 — placing it in the 25th percentile nationally and the 40th percentile within LN8. The property covers 71 m² (764 sq ft), giving an estimated value of £2,864 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £205,000

    Dec 2024

    Estimated Valuation

    £203,312

    Est. £/sq ft

    £266/sq ft

    £2,864/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2024

    £205,000

    4 Jun 2019

    £182,500

    Key Metrics

    Estimated valuation£203,312
    Value per sq ft / m²£266/sq ft (£2,864/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile40th percentile
    National percentile25th 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

    More properties in LN8

    Streets in LN8

    Explore nearby