Park House Chapel Lane

    PARK HOUSE, CHAPEL LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2HG

    This detached freehold property on Chapel Lane last sold in October 2016 for £347,500. Based on price growth in the LN8 district since then, its estimated current value is £496,572 — placing it in the 79th percentile nationally and the 92nd percentile within LN8. The property covers 222 m² (2,390 sq ft), giving an estimated value of £2,237 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,390 sq ft

    222 m²

    Last Sale Price

    £347,500

    Oct 2016

    Estimated Valuation

    £496,572

    Est. £/sq ft

    £208/sq ft

    £2,237/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area2,390 sq ft (222 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    24 Oct 2016

    £347,500

    30 Jun 2006

    £225,000

    Key Metrics

    Estimated valuation£496,572
    Value per sq ft / m²£208/sq ft (£2,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile92nd percentile
    National percentile79th 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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