1 The Cottage Gainsborough Road

    1 THE COTTAGE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU

    This semi-detached freehold property on Gainsborough Road last sold in June 2021 for £155,000. Based on price growth in the LN8 district since then, its estimated current value is £154,379 — placing it in the 13th percentile nationally and the 21st percentile within LN8. The property covers 78 m² (840 sq ft), giving an estimated value of £1,979 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £155,000

    Jun 2021

    Estimated Valuation

    £154,379

    Est. £/sq ft

    £184/sq ft

    £1,979/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateNov 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jun 2021

    £155,000

    3 May 2019

    £140,000

    Key Metrics

    Estimated valuation£154,379
    Value per sq ft / m²£184/sq ft (£1,979/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile21st percentile
    National percentile13th 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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