Limes Bungalow Gainsborough Road

    LIMES BUNGALOW, GAINSBOROUGH ROAD, MARKET RASEN, LN8 3JW

    This detached freehold property on Gainsborough Road last sold in September 2013 for £310,000. Based on price growth in the LN8 district since then, its estimated current value is £502,445 — placing it in the 79th percentile nationally and the 93rd percentile within LN8. The property covers 203 m² (2,185 sq ft), giving an estimated value of £2,475 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,185 sq ft

    203 m²

    Last Sale Price

    £310,000

    Sept 2013

    Estimated Valuation

    £502,445

    Est. £/sq ft

    £230/sq ft

    £2,475/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area2,185 sq ft (203 m²)
    EPC dateSept 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    23 Sept 2013

    £310,000

    27 Feb 2009

    £193,000

    25 May 2001

    £176,950

    Key Metrics

    Estimated valuation£502,445
    Value per sq ft / m²£230/sq ft (£2,475/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile93rd percentile
    National percentile79th 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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