The Bungalow Cross Lane

    THE BUNGALOW, CROSS LANE, GLENTHAM, MARKET RASEN, LN8 2AH

    This detached freehold property on Cross Lane last sold in January 2014 for £270,000. Based on price growth in the LN8 district since then, its estimated current value is £402,874 — placing it in the 68th percentile nationally and the 85th percentile within LN8. The property covers 136 m² (1,464 sq ft), giving an estimated value of £2,962 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £270,000

    Jan 2014

    Estimated Valuation

    £402,874

    Est. £/sq ft

    £275/sq ft

    £2,962/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area1,464 sq ft (136 m²)
    EPC dateAug 2013
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    23 Jan 2014

    £270,000

    Key Metrics

    Estimated valuation£402,874
    Value per sq ft / m²£275/sq ft (£2,962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile85th percentile
    National percentile68th 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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