5 Derby Close

    5, DERBY CLOSE, MARKET RASEN, LN8 3GB

    This detached freehold property on Derby Close last sold in July 2023 for £315,000. Based on price growth in the LN8 district since then, its estimated current value is £314,940 — placing it in the 52nd percentile nationally and the 73rd percentile within LN8. The property covers 96 m² (1,033 sq ft), giving an estimated value of £3,281 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £315,000

    Jul 2023

    Estimated Valuation

    £314,940

    Est. £/sq ft

    £305/sq ft

    £3,281/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialA
    Floor area1,033 sq ft (96 m²)
    EPC dateJun 2023
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingAir source heat pump, radiators, electric

    Transaction History

    28 Jul 2023

    New build

    £315,000

    Key Metrics

    Estimated valuation£314,940
    Value per sq ft / m²£305/sq ft (£3,281/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile73rd percentile
    National percentile52nd 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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