2 Church Mill Close

    2, CHURCH MILL CLOSE, MARKET RASEN, LN8 3JL

    This terraced leasehold property on Church Mill Close last sold in April 2023 for £160,000. Based on price growth in the LN8 district since then, its estimated current value is £146,804 — placing it in the 12th percentile nationally and the 18th percentile within LN8. The property covers 88 m² (947 sq ft), giving an estimated value of £1,668 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £160,000

    Apr 2023

    Estimated Valuation

    £146,804

    Est. £/sq ft

    £155/sq ft

    £1,668/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Apr 2023

    £160,000

    22 Jan 1998

    £59,000

    Key Metrics

    Estimated valuation£146,804
    Value per sq ft / m²£155/sq ft (£1,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile18th 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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