Oakfield Louth Road

    OAKFIELD, LOUTH ROAD, WRAGBY, MARKET RASEN, LN8 5PH

    This detached freehold property on Louth Road last sold in October 2024 for £185,000. Based on price growth in the LN8 district since then, its estimated current value is £183,477 — placing it in the 20th percentile nationally and the 32nd percentile within LN8. The property covers 80 m² (861 sq ft), giving an estimated value of £2,293 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £185,000

    Oct 2024

    Estimated Valuation

    £183,477

    Est. £/sq ft

    £213/sq ft

    £2,293/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateJan 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    25 Oct 2024

    £185,000

    Key Metrics

    Estimated valuation£183,477
    Value per sq ft / m²£213/sq ft (£2,293/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile32nd percentile
    National percentile20th 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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