17 Cedar Close

    17, CEDAR CLOSE, MARKET RASEN, LN8 3BE

    This terraced leasehold property on Cedar Close last sold in July 2021 for £86,000. Based on price growth in the LN8 district since then, its estimated current value is £96,388 — placing it in the 3rd percentile nationally and the 5th percentile within LN8. The property covers 50 m² (538 sq ft), giving an estimated value of £1,928 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £86,000

    Jul 2021

    Estimated Valuation

    £96,388

    Est. £/sq ft

    £179/sq ft

    £1,928/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area538 sq ft (50 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2021

    £86,000

    14 Dec 2020

    £85,000

    27 Mar 2002

    £44,000

    16 Jun 1998

    New build

    £42,125

    Key Metrics

    Estimated valuation£96,388
    Value per sq ft / m²£179/sq ft (£1,928/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile5th percentile
    National percentile3rd 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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