Redhouse Mulberry Road

    REDHOUSE, MULBERRY ROAD, CLAXBY, MARKET RASEN, LN8 3YS

    This detached freehold property on Mulberry Road last sold in December 2018 for £492,500. Based on price growth in the LN8 district since then, its estimated current value is £647,203 — placing it in the 88th percentile nationally and the 97th percentile within LN8. The property covers 305 m² (3,283 sq ft), giving an estimated value of £2,122 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,283 sq ft

    305 m²

    Last Sale Price

    £492,500

    Dec 2018

    Estimated Valuation

    £647,203

    Est. £/sq ft

    £197/sq ft

    £2,122/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms10
    Main fueloil (not community)
    EPC currentE
    EPC potentialD
    Floor area3,283 sq ft (305 m²)
    EPC dateMay 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    7 Dec 2018

    £492,500

    19 Dec 1997

    £165,000

    Key Metrics

    Estimated valuation£647,203
    Value per sq ft / m²£197/sq ft (£2,122/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile97th percentile
    National percentile88th 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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