The Bungalow Horncastle Road

    THE BUNGALOW, HORNCASTLE ROAD, HATTON, MARKET RASEN, LN8 5QE

    This detached freehold property on Horncastle Road last sold in March 2016 for £183,500. Based on price growth in the LN8 district since then, its estimated current value is £262,219 — placing it in the 40th percentile nationally and the 59th percentile within LN8. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,703 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £183,500

    Mar 2016

    Estimated Valuation

    £262,219

    Est. £/sq ft

    £251/sq ft

    £2,703/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialA
    Floor area1,044 sq ft (97 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    24 Mar 2016

    £183,500

    24 Sept 2004

    £146,000

    27 Nov 1997

    £53,000

    Key Metrics

    Estimated valuation£262,219
    Value per sq ft / m²£251/sq ft (£2,703/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile59th percentile
    National percentile40th 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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