North Mead Louth Road

    NORTH MEAD, LOUTH ROAD, BINBROOK, MARKET RASEN, LN8 6BJ

    This detached freehold property on Louth Road last sold in May 2016 for £310,000. Based on price growth in the LN8 district since then, its estimated current value is £442,985 — placing it in the 73rd percentile nationally and the 89th percentile within LN8. The property covers 214 m² (2,303 sq ft), giving an estimated value of £2,070 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,303 sq ft

    214 m²

    Last Sale Price

    £310,000

    May 2016

    Estimated Valuation

    £442,985

    Est. £/sq ft

    £192/sq ft

    £2,070/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,303 sq ft (214 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2016

    £310,000

    Key Metrics

    Estimated valuation£442,985
    Value per sq ft / m²£192/sq ft (£2,070/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile89th percentile
    National percentile73rd 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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