2 Buzzard Close

    2, BUZZARD CLOSE, MARKET RASEN, LN8 3ZP

    This semi-detached freehold property on Buzzard Close last sold in October 2023 for £310,000. Based on price growth in the LN8 district since then, its estimated current value is £297,602 — placing it in the 49th percentile nationally and the 69th percentile within LN8. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,611 per m². The EPC rating is A, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £310,000

    Oct 2023

    Estimated Valuation

    £297,602

    Est. £/sq ft

    £243/sq ft

    £2,611/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area1,227 sq ft (114 m²)
    EPC dateOct 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    27 Oct 2023

    New build

    £310,000

    Key Metrics

    Estimated valuation£297,602
    Value per sq ft / m²£243/sq ft (£2,611/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile69th percentile
    National percentile49th 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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