Spring View Louth Road

    SPRING VIEW, LOUTH ROAD, BINBROOK, MARKET RASEN, LN8 6BJ

    This detached freehold property on Louth Road last sold in January 2010 for £225,000. Based on price growth in the LN8 district since then, its estimated current value is £345,669 — placing it in the 58th percentile nationally and the 78th percentile within LN8. The property covers 130 m² (1,399 sq ft), giving an estimated value of £2,659 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £225,000

    Jan 2010

    Estimated Valuation

    £345,669

    Est. £/sq ft

    £247/sq ft

    £2,659/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateApr 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jan 2010

    £225,000

    28 Feb 2003

    £122,000

    5 May 2000

    £72,000

    Key Metrics

    Estimated valuation£345,669
    Value per sq ft / m²£247/sq ft (£2,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile78th percentile
    National percentile58th 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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