Southwold Cottage Old Gallamore Lane

    SOUTHWOLD COTTAGE, OLD GALLAMORE LANE, MIDDLE RASEN, MARKET RASEN, LN8 3US

    This detached freehold property on Old Gallamore Lane last sold in October 2019 for £210,000. Based on price growth in the LN8 district since then, its estimated current value is £250,563 — placing it in the 38th percentile nationally and the 55th percentile within LN8. The property covers 90 m² (969 sq ft), giving an estimated value of £2,784 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £210,000

    Oct 2019

    Estimated Valuation

    £250,563

    Est. £/sq ft

    £259/sq ft

    £2,784/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area969 sq ft (90 m²)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2019

    £210,000

    24 May 2010

    £155,500

    19 Oct 1995

    New build

    £44,000

    Key Metrics

    Estimated valuation£250,563
    Value per sq ft / m²£259/sq ft (£2,784/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile55th percentile
    National percentile38th 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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