Beech Cottage Gainsborough Road

    BEECH COTTAGE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JS

    This detached freehold property on Gainsborough Road last sold in September 2021 for £305,000. Based on price growth in the LN8 district since then, its estimated current value is £302,817 — placing it in the 50th percentile nationally and the 70th percentile within LN8. The property covers 148 m² (1,593 sq ft), giving an estimated value of £2,046 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,593 sq ft

    148 m²

    Last Sale Price

    £305,000

    Sept 2021

    Estimated Valuation

    £302,817

    Est. £/sq ft

    £190/sq ft

    £2,046/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageJ
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,593 sq ft (148 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2021

    £305,000

    23 Jul 2004

    £185,000

    Key Metrics

    Estimated valuation£302,817
    Value per sq ft / m²£190/sq ft (£2,046/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile70th percentile
    National percentile50th 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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