Merrington Spridlington Road

    MERRINGTON, SPRIDLINGTON ROAD, FALDINGWORTH, MARKET RASEN, LN8 3SQ

    This detached freehold property on Spridlington Road last sold in July 2017 for £310,000. Based on price growth in the LN8 district since then, its estimated current value is £412,950 — placing it in the 69th percentile nationally and the 86th percentile within LN8. The property covers 154 m² (1,658 sq ft), giving an estimated value of £2,681 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,658 sq ft

    154 m²

    Last Sale Price

    £310,000

    Jul 2017

    Estimated Valuation

    £412,950

    Est. £/sq ft

    £249/sq ft

    £2,681/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,658 sq ft (154 m²)
    EPC dateAug 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    7 Jul 2017

    £310,000

    30 Jul 2004

    £245,000

    7 Apr 1999

    £112,000

    Key Metrics

    Estimated valuation£412,950
    Value per sq ft / m²£249/sq ft (£2,681/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile86th percentile
    National percentile69th 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

    More properties in LN8

    Streets in LN8

    Explore nearby