Barn Farmhouse Mill Lane

    BARN FARMHOUSE, MILL LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LE

    This detached freehold property on Mill Lane last sold in November 2016 for £340,000. Based on price growth in the LN8 district since then, its estimated current value is £485,855 — placing it in the 78th percentile nationally and the 92nd percentile within LN8. The property covers 205 m² (2,207 sq ft), giving an estimated value of £2,370 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,207 sq ft

    205 m²

    Last Sale Price

    £340,000

    Nov 2016

    Estimated Valuation

    £485,855

    Est. £/sq ft

    £220/sq ft

    £2,370/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area2,207 sq ft (205 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    10 Nov 2016

    £340,000

    10 Dec 2010

    £320,000

    Key Metrics

    Estimated valuation£485,855
    Value per sq ft / m²£220/sq ft (£2,370/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile92nd percentile
    National percentile78th 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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