8 Orchard Way

    8, ORCHARD WAY, MARKET RASEN, LN8 3HE

    This detached freehold property on Orchard Way last sold in June 2024 for £150,000. Based on price growth in the LN8 district since then, its estimated current value is £148,765 — placing it in the 12th percentile nationally and the 19th percentile within LN8. The property covers 63 m² (678 sq ft), giving an estimated value of £2,361 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £150,000

    Jun 2024

    Estimated Valuation

    £148,765

    Est. £/sq ft

    £219/sq ft

    £2,361/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateMay 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2024

    £150,000

    11 Sept 2009

    £145,000

    20 Mar 2008

    £134,500

    9 Jul 2002

    £69,950

    7 May 1998

    £50,500

    20 Dec 1996

    £51,000

    Key Metrics

    Estimated valuation£148,765
    Value per sq ft / m²£219/sq ft (£2,361/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile19th percentile
    National percentile12th 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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