2 Wells Drive

    2, WELLS DRIVE, MARKET RASEN, LN8 3EF

    This detached freehold property on Wells Drive last sold in May 2013 for £144,000. Based on price growth in the LN8 district since then, its estimated current value is £233,394 — placing it in the 33rd percentile nationally and the 49th percentile within LN8. The property covers 79 m² (850 sq ft), giving an estimated value of £2,954 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £144,000

    May 2013

    Estimated Valuation

    £233,394

    Est. £/sq ft

    £274/sq ft

    £2,954/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2013

    £144,000

    6 Sept 2005

    £163,000

    Key Metrics

    Estimated valuation£233,394
    Value per sq ft / m²£274/sq ft (£2,954/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile49th percentile
    National percentile33rd 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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