3 Bracken Way

    3, BRACKEN WAY, MARKET RASEN, LN8 3QA

    This detached freehold property on Bracken Way last sold in December 2023 for £249,999. Based on price growth in the LN8 district since then, its estimated current value is £249,952 — placing it in the 37th percentile nationally and the 55th percentile within LN8. The property covers 126 m² (1,356 sq ft), giving an estimated value of £1,984 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £249,999

    Dec 2023

    Estimated Valuation

    £249,952

    Est. £/sq ft

    £184/sq ft

    £1,984/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,356 sq ft (126 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2023

    £249,999

    30 Jan 2017

    £195,000

    12 Apr 2016

    £180,000

    12 Oct 2012

    £161,000

    17 Aug 2006

    New build

    £164,950

    Key Metrics

    Estimated valuation£249,952
    Value per sq ft / m²£184/sq ft (£1,984/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile55th percentile
    National percentile37th 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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