8 Lancaster Drive

    8, LANCASTER DRIVE, MARKET RASEN, LN8 3GX

    This semi-detached leasehold property on Lancaster Drive last sold in July 2016 for £60,000. Based on price growth in the LN8 district since then, its estimated current value is £84,948 — placing it in the 2nd percentile nationally and the 3rd percentile within LN8. The property covers 65 m² (700 sq ft), giving an estimated value of £1,307 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £60,000

    Jul 2016

    Estimated Valuation

    £84,948

    Est. £/sq ft

    £121/sq ft

    £1,307/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 area700 sq ft (65 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2016

    £60,000

    6 Sept 2007

    £82,500

    Key Metrics

    Estimated valuation£84,948
    Value per sq ft / m²£121/sq ft (£1,307/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile3rd percentile
    National percentile2nd 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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