22 Forest Way

    22, FOREST WAY, MARKET RASEN, LN8 3ZH

    This detached freehold property on Forest Way last sold in September 2024 for £370,000. Based on price growth in the LN8 district since then, its estimated current value is £366,954 — placing it in the 62nd percentile nationally and the 82nd percentile within LN8. The property covers 110 m² (1,184 sq ft), giving an estimated value of £3,336 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £370,000

    Sept 2024

    Estimated Valuation

    £366,954

    Est. £/sq ft

    £310/sq ft

    £3,336/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area1,184 sq ft (110 m²)
    EPC dateAug 2024
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    9 Sept 2024

    New build

    £370,000

    Key Metrics

    Estimated valuation£366,954
    Value per sq ft / m²£310/sq ft (£3,336/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile82nd percentile
    National percentile62nd 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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