Magpies Magna Mile

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

    This semi-detached freehold property on Magna Mile last sold in November 2016 for £172,000. Based on price growth in the LN8 district since then, its estimated current value is £243,516 — placing it in the 36th percentile nationally and the 53rd percentile within LN8. The property covers 116 m² (1,249 sq ft), giving an estimated value of £2,099 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £172,000

    Nov 2016

    Estimated Valuation

    £243,516

    Est. £/sq ft

    £195/sq ft

    £2,099/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageG
    Habitable rooms6
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    3 Nov 2016

    £172,000

    Key Metrics

    Estimated valuation£243,516
    Value per sq ft / m²£195/sq ft (£2,099/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile53rd percentile
    National percentile36th 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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