5 Church Mill Close

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

    This terraced leasehold property on Church Mill Close last sold in June 2016 for £144,950. Based on price growth in the LN8 district since then, its estimated current value is £197,092 — placing it in the 24th percentile nationally and the 37th percentile within LN8. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,032 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £144,950

    Jun 2016

    Estimated Valuation

    £197,092

    Est. £/sq ft

    £189/sq ft

    £2,032/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2016

    £144,950

    18 Feb 1998

    £67,500

    22 Nov 1996

    £59,000

    9 Aug 1996

    £67,000

    12 Jul 1995

    New build

    £85,000

    Key Metrics

    Estimated valuation£197,092
    Value per sq ft / m²£189/sq ft (£2,032/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile37th percentile
    National percentile24th 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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