Redhill View Magna Mile

    REDHILL VIEW, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ

    This detached freehold property on Magna Mile last sold in December 2017 for £193,000. Based on price growth in the LN8 district since then, its estimated current value is £257,095 — placing it in the 39th percentile nationally and the 57th percentile within LN8. The property covers 129 m² (1,389 sq ft), giving an estimated value of £1,993 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £193,000

    Dec 2017

    Estimated Valuation

    £257,095

    Est. £/sq ft

    £185/sq ft

    £1,993/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    8 Dec 2017

    £193,000

    29 Jul 2016

    £196,500

    6 Aug 2003

    £150,000

    Key Metrics

    Estimated valuation£257,095
    Value per sq ft / m²£185/sq ft (£1,993/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile57th percentile
    National percentile39th 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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