3 Wellesley Close

    3, WELLESLEY CLOSE, MARKET RASEN, LN8 3EJ

    This detached freehold property on Wellesley Close last sold in June 2015 for £130,000. Based on price growth in the LN8 district since then, its estimated current value is £175,999 — placing it in the 18th percentile nationally and the 29th percentile within LN8. The property covers 95 m² (1,023 sq ft), giving an estimated value of £1,853 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £130,000

    Jun 2015

    Estimated Valuation

    £175,999

    Est. £/sq ft

    £172/sq ft

    £1,853/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,023 sq ft (95 m²)
    EPC dateMay 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jun 2015

    £130,000

    21 Jan 2013

    £125,000

    Key Metrics

    Estimated valuation£175,999
    Value per sq ft / m²£172/sq ft (£1,853/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile29th percentile
    National percentile18th 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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