The Milestone Gainsborough Road

    THE MILESTONE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JS

    This detached freehold property on Gainsborough Road last sold in October 2021 for £265,000. Based on price growth in the LN8 district since then, its estimated current value is £263,103 — placing it in the 41st percentile nationally and the 59th percentile within LN8. The property covers 137 m² (1,475 sq ft), giving an estimated value of £1,920 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,475 sq ft

    137 m²

    Last Sale Price

    £265,000

    Oct 2021

    Estimated Valuation

    £263,103

    Est. £/sq ft

    £178/sq ft

    £1,920/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area1,475 sq ft (137 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    26 Oct 2021

    £265,000

    Key Metrics

    Estimated valuation£263,103
    Value per sq ft / m²£178/sq ft (£1,920/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile59th percentile
    National percentile41st 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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