2 Burton Lane

    2, BURTON LANE, MARKET RASEN, LN8 3YU

    This detached freehold property on Burton Lane last sold in October 2024 for £302,952. Based on price growth in the LN8 district since then, its estimated current value is £300,458 — placing it in the 49th percentile nationally and the 70th percentile within LN8. The property covers 99 m² (1,066 sq ft), giving an estimated value of £3,035 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £302,952

    Oct 2024

    Estimated Valuation

    £300,458

    Est. £/sq ft

    £282/sq ft

    £3,035/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2024
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,066 sq ft (99 m²)
    EPC dateApr 2024
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2024

    New build

    £302,952

    Key Metrics

    Estimated valuation£300,458
    Value per sq ft / m²£282/sq ft (£3,035/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile70th percentile
    National percentile49th percentile

    Other Properties on Burton Lane

    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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