Old Post Office Magna Mile

    OLD POST OFFICE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AD

    This detached freehold property on Magna Mile last sold in September 2002 for £120,000. Based on price growth in the LN8 district since then, its estimated current value is £311,313 — placing it in the 52nd percentile nationally and the 72nd percentile within LN8. The property covers 208 m² (2,239 sq ft), giving an estimated value of £1,497 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,239 sq ft

    208 m²

    Last Sale Price

    £120,000

    Sept 2002

    Estimated Valuation

    £311,313

    Est. £/sq ft

    £139/sq ft

    £1,497/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area2,239 sq ft (208 m²)
    EPC dateJan 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    12 Sept 2002

    £120,000

    Key Metrics

    Estimated valuation£311,313
    Value per sq ft / m²£139/sq ft (£1,497/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile72nd percentile
    National percentile52nd 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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