The Laurels Lincoln Road

    THE LAURELS, LINCOLN ROAD, FALDINGWORTH, MARKET RASEN, LN8 3SF

    This detached freehold property on Lincoln Road last sold in May 2022 for £315,000. Based on price growth in the LN8 district since then, its estimated current value is £298,754 — placing it in the 49th percentile nationally and the 69th percentile within LN8. The property covers 110 m² (1,184 sq ft), giving an estimated value of £2,716 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £315,000

    May 2022

    Estimated Valuation

    £298,754

    Est. £/sq ft

    £252/sq ft

    £2,716/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateMay 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    19 May 2022

    £315,000

    18 Nov 2021

    £286,000

    1 Oct 2015

    £168,500

    Key Metrics

    Estimated valuation£298,754
    Value per sq ft / m²£252/sq ft (£2,716/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile69th percentile
    National percentile49th 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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