4 Lancaster Drive

    4, LANCASTER DRIVE, MARKET RASEN, MARKET RASEN, LN8 3GX

    This semi-detached leasehold property on Lancaster Drive last sold in September 2007 for £86,250. Based on price growth in the LN8 district since then, its estimated current value is £123,003 — placing it in the 7th percentile nationally and the 11th percentile within LN8. The property covers 69 m² (743 sq ft), giving an estimated value of £1,783 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £86,250

    Sept 2007

    Estimated Valuation

    £123,003

    Est. £/sq ft

    £166/sq ft

    £1,783/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateMay 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2007

    £86,250

    31 Aug 2007

    £82,500

    Key Metrics

    Estimated valuation£123,003
    Value per sq ft / m²£166/sq ft (£1,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile11th percentile
    National percentile7th 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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