Thornfield Louth Road

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

    This detached freehold property on Louth Road last sold in February 2022 for £490,000. Based on price growth in the LN8 district since then, its estimated current value is £464,728 — placing it in the 75th percentile nationally and the 91st percentile within LN8. The property covers 215 m² (2,314 sq ft), giving an estimated value of £2,162 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,314 sq ft

    215 m²

    Last Sale Price

    £490,000

    Feb 2022

    Estimated Valuation

    £464,728

    Est. £/sq ft

    £201/sq ft

    £2,162/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialD
    Floor area2,314 sq ft (215 m²)
    EPC dateMay 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    25 Feb 2022

    £490,000

    Key Metrics

    Estimated valuation£464,728
    Value per sq ft / m²£201/sq ft (£2,162/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile91st percentile
    National percentile75th 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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