23 Lancaster Drive

    23, LANCASTER DRIVE, MARKET RASEN, LN8 3GX

    This detached freehold property on Lancaster Drive last sold in July 2021 for £199,000. Based on price growth in the LN8 district since then, its estimated current value is £197,575 — placing it in the 24th percentile nationally and the 38th percentile within LN8. The property covers 99 m² (1,066 sq ft), giving an estimated value of £1,996 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £199,000

    Jul 2021

    Estimated Valuation

    £197,575

    Est. £/sq ft

    £185/sq ft

    £1,996/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jul 2021

    £199,000

    27 Jul 2009

    New build

    £142,500

    Key Metrics

    Estimated valuation£197,575
    Value per sq ft / m²£185/sq ft (£1,996/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile38th percentile
    National percentile24th 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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