1 Fernside Cottage Magna Mile

    1 FERNSIDE COTTAGE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AH

    This semi-detached freehold property on Magna Mile last sold in August 2016 for £135,500. Based on price growth in the LN8 district since then, its estimated current value is £191,840 — placing it in the 22nd percentile nationally and the 35th percentile within LN8. The property covers 72 m² (775 sq ft), giving an estimated value of £2,664 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £135,500

    Aug 2016

    Estimated Valuation

    £191,840

    Est. £/sq ft

    £247/sq ft

    £2,664/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateMay 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    23 Aug 2016

    £135,500

    7 Apr 2014

    £120,600

    27 Jun 2003

    £89,995

    1 Jun 2001

    £47,000

    Key Metrics

    Estimated valuation£191,840
    Value per sq ft / m²£247/sq ft (£2,664/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile35th percentile
    National percentile22nd 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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