Indalo Magna Mile

    INDALO, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ

    This semi-detached freehold property on Magna Mile last sold in May 2019 for £128,500. Based on price growth in the LN8 district since then, its estimated current value is £163,010 — placing it in the 15th percentile nationally and the 24th percentile within LN8. The property covers 51 m² (549 sq ft), giving an estimated value of £3,196 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £128,500

    May 2019

    Estimated Valuation

    £163,010

    Est. £/sq ft

    £297/sq ft

    £3,196/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    29 May 2019

    £128,500

    Key Metrics

    Estimated valuation£163,010
    Value per sq ft / m²£297/sq ft (£3,196/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile24th percentile
    National percentile15th 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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