Lancaster House Magna Mile

    LANCASTER HOUSE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AD

    This detached freehold property on Magna Mile last sold in June 2019 for £150,000. Based on price growth in the LN8 district since then, its estimated current value is £178,974 — placing it in the 19th percentile nationally and the 30th percentile within LN8. The property covers 84 m² (904 sq ft), giving an estimated value of £2,131 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £150,000

    Jun 2019

    Estimated Valuation

    £178,974

    Est. £/sq ft

    £198/sq ft

    £2,131/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area904 sq ft (84 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    28 Jun 2019

    £150,000

    20 Apr 2007

    £173,000

    Key Metrics

    Estimated valuation£178,974
    Value per sq ft / m²£198/sq ft (£2,131/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile30th percentile
    National percentile19th 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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