5 Fern Drive

    5, FERN DRIVE, MARKET RASEN, LN8 3NU

    This detached freehold property on Fern Drive last sold in January 2023 for £290,000. Based on price growth in the LN8 district since then, its estimated current value is £289,945 — placing it in the 47th percentile nationally and the 67th percentile within LN8. The property covers 107 m² (1,152 sq ft), giving an estimated value of £2,710 per m². The EPC rating is C, with a potential rating of B.

    See wider trends for Fern Drive

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £290,000

    Jan 2023

    Estimated Valuation

    £289,945

    Est. £/sq ft

    £252/sq ft

    £2,710/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 area1,152 sq ft (107 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2023

    £290,000

    3 Sept 2020

    £199,000

    31 May 2007

    £184,950

    Key Metrics

    Estimated valuation£289,945
    Value per sq ft / m²£252/sq ft (£2,710/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile67th percentile
    National percentile47th percentile

    District Context — LN8

    See wider trends for 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

    £255,748

    31

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - LN8

    £37,112

    45

    National percentile

    2023 census data

    10-Year Annualised Price Growth - LN8

    4.3%

    83

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - LN

    4.3%

    73

    National percentile

    Estimate at 31 Jul 2026

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