Honey Cottage Louth Road

    HONEY COTTAGE, LOUTH ROAD, WRAGBY, MARKET RASEN, LN8 5PH

    This terraced freehold property on Louth Road last sold in January 2022 for £195,000. Based on price growth in the LN8 district since then, its estimated current value is £172,467 — placing it in the 18th percentile nationally and the 28th percentile within LN8. The property covers 98 m² (1,055 sq ft), giving an estimated value of £1,760 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £195,000

    Jan 2022

    Estimated Valuation

    £172,467

    Est. £/sq ft

    £164/sq ft

    £1,760/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateMar 2019
    WallsCavity wall, with internal insulation
    HeatingBoiler and underfloor heating, electric

    Transaction History

    12 Jan 2022

    £195,000

    4 Apr 2019

    New build

    £175,000

    Key Metrics

    Estimated valuation£172,467
    Value per sq ft / m²£164/sq ft (£1,760/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile28th percentile
    National percentile18th 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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