Bain Cottage Magna Mile

    BAIN COTTAGE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ

    This semi-detached freehold property on Magna Mile last sold in February 2013 for £165,000. Based on price growth in the LN8 district since then, its estimated current value is £251,545 — placing it in the 38th percentile nationally and the 56th percentile within LN8. The property covers 124 m² (1,335 sq ft), giving an estimated value of £2,029 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £165,000

    Feb 2013

    Estimated Valuation

    £251,545

    Est. £/sq ft

    £188/sq ft

    £2,029/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area1,335 sq ft (124 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    8 Feb 2013

    £165,000

    1 Jun 2007

    £180,000

    26 Nov 2001

    £76,500

    13 Sept 2000

    £69,500

    10 Sept 1996

    £53,000

    Key Metrics

    Estimated valuation£251,545
    Value per sq ft / m²£188/sq ft (£2,029/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile56th percentile
    National percentile38th 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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