2 Ferndale Close

    2, FERNDALE CLOSE, WRAGBY, MARKET RASEN, LN8 5QW

    This detached freehold property on Ferndale Close last sold in January 2025 for £360,000. Based on price growth in the LN8 district since then, its estimated current value is £360,000 — placing it in the 61st percentile nationally and the 81st percentile within LN8. The property covers 123 m² (1,324 sq ft), giving an estimated value of £2,927 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £360,000

    Jan 2025

    Estimated Valuation

    £360,000

    Est. £/sq ft

    £272/sq ft

    £2,927/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction age2020
    Habitable roomsNot available
    Main fuelOil: heating oil
    EPC currentB
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, oil

    Transaction History

    17 Jan 2025

    £360,000

    28 May 2021

    £325,000

    Key Metrics

    Estimated valuation£360,000
    Value per sq ft / m²£272/sq ft (£2,927/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile81st percentile
    National percentile61st 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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