3 Fern Drive

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

    This detached freehold property on Fern Drive last sold in June 2007 for £199,452. Based on price growth in the LN8 district since then, its estimated current value is £280,265 — placing it in the 45th percentile nationally and the 65th percentile within LN8. The property covers 117 m² (1,259 sq ft), giving an estimated value of £2,395 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £199,452

    Jun 2007

    Estimated Valuation

    £280,265

    Est. £/sq ft

    £223/sq ft

    £2,395/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,259 sq ft (117 m²)
    EPC dateJul 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jun 2007

    New build

    £199,452

    Key Metrics

    Estimated valuation£280,265
    Value per sq ft / m²£223/sq ft (£2,395/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile65th percentile
    National percentile45th 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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