15 Fern Drive

    15, FERN DRIVE, MARKET RASEN, MARKET RASEN, LN8 3NU

    This detached freehold property on Fern Drive last sold in May 2006 for £194,950. Based on price growth in the LN8 district since then, its estimated current value is £315,734 — placing it in the 53rd percentile nationally and the 73rd percentile within LN8. The property covers 115 m² (1,238 sq ft), giving an estimated value of £2,746 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £194,950

    May 2006

    Estimated Valuation

    £315,734

    Est. £/sq ft

    £255/sq ft

    £2,746/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 May 2006

    New build

    £194,950

    Key Metrics

    Estimated valuation£315,734
    Value per sq ft / m²£255/sq ft (£2,746/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile73rd percentile
    National percentile53rd 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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