2 Southwold Road

    2, SOUTHWOLD ROAD, MARKET RASEN, LN8 3WJ

    This detached freehold property on Southwold Road last sold in August 2022 for £399,950. Based on price growth in the LN8 district since then, its estimated current value is £379,322 — placing it in the 64th percentile nationally and the 83rd percentile within LN8. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,874 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £399,950

    Aug 2022

    Estimated Valuation

    £379,322

    Est. £/sq ft

    £267/sq ft

    £2,874/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,421 sq ft (132 m²)
    EPC dateAug 2022
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    New build

    £399,950

    Key Metrics

    Estimated valuation£379,322
    Value per sq ft / m²£267/sq ft (£2,874/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile83rd percentile
    National percentile64th 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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