Meadow Rise Fen Road

    MEADOW RISE, FEN ROAD, OWMBY BY SPITAL, MARKET RASEN, LN8 2HP

    This detached freehold property on Fen Road last sold in October 2023 for £425,000. Based on price growth in the LN8 district since then, its estimated current value is £424,919 — placing it in the 71st percentile nationally and the 87th percentile within LN8. The property covers 165 m² (1,776 sq ft), giving an estimated value of £2,575 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,776 sq ft

    165 m²

    Last Sale Price

    £425,000

    Oct 2023

    Estimated Valuation

    £424,919

    Est. £/sq ft

    £239/sq ft

    £2,575/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,776 sq ft (165 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    31 Oct 2023

    £425,000

    Key Metrics

    Estimated valuation£424,919
    Value per sq ft / m²£239/sq ft (£2,575/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile87th percentile
    National percentile71st 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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