6 Wellesley Close

    6, WELLESLEY CLOSE, MARKET RASEN, LN8 3EJ

    This terraced freehold property on Wellesley Close last sold in December 2023 for £125,000. Based on price growth in the LN8 district since then, its estimated current value is £114,691 — placing it in the 6th percentile nationally and the 9th percentile within LN8. The property covers 51 m² (549 sq ft), giving an estimated value of £2,249 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £125,000

    Dec 2023

    Estimated Valuation

    £114,691

    Est. £/sq ft

    £209/sq ft

    £2,249/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2023

    £125,000

    4 Sept 2015

    £90,000

    21 Dec 2005

    £85,000

    20 Dec 2001

    £44,450

    27 Oct 1995

    £36,000

    Key Metrics

    Estimated valuation£114,691
    Value per sq ft / m²£209/sq ft (£2,249/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile9th percentile
    National percentile6th 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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