12 Orchard Way

    12, ORCHARD WAY, MARKET RASEN, LN8 3HE

    This detached freehold property on Orchard Way last sold in April 2021 for £152,500. Based on price growth in the LN8 district since then, its estimated current value is £151,408 — placing it in the 13th percentile nationally and the 20th percentile within LN8. The property covers 65 m² (700 sq ft), giving an estimated value of £2,329 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £152,500

    Apr 2021

    Estimated Valuation

    £151,408

    Est. £/sq ft

    £216/sq ft

    £2,329/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateDec 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Apr 2021

    £152,500

    13 Aug 2010

    £139,950

    7 Aug 1997

    £57,000

    Key Metrics

    Estimated valuation£151,408
    Value per sq ft / m²£216/sq ft (£2,329/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile20th percentile
    National percentile13th 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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