Farthings Otby Lane

    FARTHINGS, OTBY LANE, WALESBY, MARKET RASEN, LN8 3UT

    This detached freehold property on Otby Lane last sold in June 2014 for £400,000. Based on price growth in the LN8 district since then, its estimated current value is £596,850 — placing it in the 86th percentile nationally and the 96th percentile within LN8. The property covers 259 m² (2,788 sq ft), giving an estimated value of £2,304 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,788 sq ft

    259 m²

    Last Sale Price

    £400,000

    Jun 2014

    Estimated Valuation

    £596,850

    Est. £/sq ft

    £214/sq ft

    £2,304/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms8
    Main fueloil (not community)
    EPC currentD
    EPC potentialD
    Floor area2,788 sq ft (259 m²)
    EPC dateMay 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    12 Jun 2014

    £400,000

    Key Metrics

    Estimated valuation£596,850
    Value per sq ft / m²£214/sq ft (£2,304/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile96th percentile
    National percentile86th 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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