The Chestnuts Mill Lane

    THE CHESTNUTS, MILL LANE, BURGH ON BAIN, MARKET RASEN, LN8 6JZ

    This detached freehold property on Mill Lane last sold in May 2007 for £260,000. Based on price growth in the LN8 district since then, its estimated current value is £365,346 — placing it in the 62nd percentile nationally and the 81st percentile within LN8. The property covers 225 m² (2,422 sq ft), giving an estimated value of £1,624 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,422 sq ft

    225 m²

    Last Sale Price

    £260,000

    May 2007

    Estimated Valuation

    £365,346

    Est. £/sq ft

    £151/sq ft

    £1,624/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms11
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialD
    Floor area2,422 sq ft (225 m²)
    EPC dateDec 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    25 May 2007

    £260,000

    Key Metrics

    Estimated valuation£365,346
    Value per sq ft / m²£151/sq ft (£1,624/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile81st percentile
    National percentile62nd 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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