39 Fern Drive

    39, FERN DRIVE, MARKET RASEN, LN8 3NU

    This detached freehold property on Fern Drive last sold in July 2020 for £232,000. Based on price growth in the LN8 district since then, its estimated current value is £275,385 — placing it in the 44th percentile nationally and the 63rd percentile within LN8. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,416 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £232,000

    Jul 2020

    Estimated Valuation

    £275,385

    Est. £/sq ft

    £224/sq ft

    £2,416/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 area1,227 sq ft (114 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jul 2020

    £232,000

    22 Dec 2005

    £180,452

    Key Metrics

    Estimated valuation£275,385
    Value per sq ft / m²£224/sq ft (£2,416/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile63rd percentile
    National percentile44th 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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