Cherry Trees Normanby Rise

    CHERRY TREES, NORMANBY RISE, CLAXBY, MARKET RASEN, LN8 3YZ

    This detached freehold property on Normanby Rise last sold in November 2013 for £249,950. Based on price growth in the LN8 district since then, its estimated current value is £405,117 — placing it in the 68th percentile nationally and the 86th percentile within LN8. The property covers 141 m² (1,518 sq ft), giving an estimated value of £2,873 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,518 sq ft

    141 m²

    Last Sale Price

    £249,950

    Nov 2013

    Estimated Valuation

    £405,117

    Est. £/sq ft

    £267/sq ft

    £2,873/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms9
    Main fueloil (not community)
    EPC currentE
    EPC potentialD
    Floor area1,518 sq ft (141 m²)
    EPC dateJun 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    7 Nov 2013

    £249,950

    Key Metrics

    Estimated valuation£405,117
    Value per sq ft / m²£267/sq ft (£2,873/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile86th percentile
    National percentile68th 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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