Chestnut House Archer Street

    CHESTNUT HOUSE, ARCHER STREET, BISHOP NORTON, MARKET RASEN, LN8 2BG

    This detached freehold property on Archer Street last sold in February 2021 for £485,000. Based on price growth in the LN8 district since then, its estimated current value is £481,528 — placing it in the 77th percentile nationally and the 92nd percentile within LN8. The property covers 212 m² (2,282 sq ft), giving an estimated value of £2,271 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,282 sq ft

    212 m²

    Last Sale Price

    £485,000

    Feb 2021

    Estimated Valuation

    £481,528

    Est. £/sq ft

    £211/sq ft

    £2,271/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area2,282 sq ft (212 m²)
    EPC dateFeb 2021
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    26 Feb 2021

    £485,000

    Key Metrics

    Estimated valuation£481,528
    Value per sq ft / m²£211/sq ft (£2,271/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile92nd percentile
    National percentile77th 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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