Grove House Gainsborough Road

    GROVE HOUSE, GAINSBOROUGH ROAD, MIDDLE RASEN, MARKET RASEN, LN8 3JU

    This detached freehold property on Gainsborough Road last sold in October 2019 for £282,000. Based on price growth in the LN8 district since then, its estimated current value is £336,471 — placing it in the 57th percentile nationally and the 77th percentile within LN8. The property covers 197 m² (2,121 sq ft), giving an estimated value of £1,708 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,121 sq ft

    197 m²

    Last Sale Price

    £282,000

    Oct 2019

    Estimated Valuation

    £336,471

    Est. £/sq ft

    £159/sq ft

    £1,708/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,121 sq ft (197 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Oct 2019

    £282,000

    Key Metrics

    Estimated valuation£336,471
    Value per sq ft / m²£159/sq ft (£1,708/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile77th percentile
    National percentile57th 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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