2 Paddock Mews

    2, PADDOCK MEWS, MARKET RASEN, LN8 3PG

    This terraced freehold property on Paddock Mews last sold in May 2018 for £87,000. Based on price growth in the LN8 district since then, its estimated current value is £108,502 — placing it in the 5th percentile nationally and the 7th percentile within LN8. The property covers 52 m² (560 sq ft), giving an estimated value of £2,087 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £87,000

    May 2018

    Estimated Valuation

    £108,502

    Est. £/sq ft

    £194/sq ft

    £2,087/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2018

    New build

    £87,000

    Key Metrics

    Estimated valuation£108,502
    Value per sq ft / m²£194/sq ft (£2,087/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile7th percentile
    National percentile5th 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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