3 Velden Way

    3, VELDEN WAY, MARKET RASEN, LN8 3HD

    This semi-detached freehold property on Velden Way last sold in October 1999 for £49,000. Based on price growth in the LN8 district since then, its estimated current value is £204,833 — placing it in the 26th percentile nationally and the 40th percentile within LN8. The property covers 82 m² (883 sq ft), giving an estimated value of £2,498 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £49,000

    Oct 1999

    Estimated Valuation

    £204,833

    Est. £/sq ft

    £232/sq ft

    £2,498/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Oct 1999

    £49,000

    28 Feb 1997

    £43,500

    Key Metrics

    Estimated valuation£204,833
    Value per sq ft / m²£232/sq ft (£2,498/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile40th percentile
    National percentile26th 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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