Elm Tree Cottage Fen Road

    ELM TREE COTTAGE, FEN ROAD, OWMBY BY SPITAL, MARKET RASEN, LN8 2HP

    This semi-detached freehold property on Fen Road last sold in July 2019 for £160,000. Based on price growth in the LN8 district since then, its estimated current value is £202,970 — placing it in the 25th percentile nationally and the 40th percentile within LN8. The property covers 76 m² (818 sq ft), giving an estimated value of £2,671 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £160,000

    Jul 2019

    Estimated Valuation

    £202,970

    Est. £/sq ft

    £248/sq ft

    £2,671/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area818 sq ft (76 m²)
    EPC dateJan 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    19 Jul 2019

    £160,000

    27 Jul 2018

    £100,000

    13 Feb 2014

    £122,000

    Key Metrics

    Estimated valuation£202,970
    Value per sq ft / m²£248/sq ft (£2,671/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile40th percentile
    National percentile25th 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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