15 Wells Drive

    15, WELLS DRIVE, MARKET RASEN, LN8 3EF

    This detached freehold property on Wells Drive last sold in June 2020 for £205,000. Based on price growth in the LN8 district since then, its estimated current value is £243,336 — placing it in the 36th percentile nationally and the 53rd percentile within LN8. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,617 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £205,000

    Jun 2020

    Estimated Valuation

    £243,336

    Est. £/sq ft

    £243/sq ft

    £2,617/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2020

    £205,000

    Key Metrics

    Estimated valuation£243,336
    Value per sq ft / m²£243/sq ft (£2,617/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile53rd percentile
    National percentile36th 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