2 Otter Close

    2, OTTER CLOSE, MARKET RASEN, LN8 3ZJ

    This detached freehold property on Otter Close last sold in December 2024 for £530,000. Based on price growth in the LN8 district since then, its estimated current value is £525,637 — placing it in the 81st percentile nationally and the 94th percentile within LN8. The property covers 139 m² (1,496 sq ft), giving an estimated value of £3,782 per m². The EPC rating is A, with a potential rating of A.

    See wider trends for Otter Close

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,496 sq ft

    139 m²

    Last Sale Price

    £530,000

    Dec 2024

    Estimated Valuation

    £525,637

    Est. £/sq ft

    £351/sq ft

    £3,782/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area1,496 sq ft (139 m²)
    EPC dateNov 2024
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    6 Dec 2024

    New build

    £530,000

    Key Metrics

    Estimated valuation£525,637
    Value per sq ft / m²£351/sq ft (£3,782/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile94th percentile
    National percentile81st percentile

    District Context — LN8

    See wider trends for 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

    £255,748

    31

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - LN8

    £37,112

    45

    National percentile

    2023 census data

    10-Year Annualised Price Growth - LN8

    4.3%

    83

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - LN

    4.3%

    73

    National percentile

    Estimate at 31 Jul 2026

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