White Bungalow Grimsby Road

    WHITE BUNGALOW, GRIMSBY ROAD, BINBROOK, MARKET RASEN, LN8 6DH

    This detached freehold property on Grimsby Road last sold in June 2021 for £215,000. Based on price growth in the LN8 district since then, its estimated current value is £213,461 — placing it in the 28th percentile nationally and the 43rd percentile within LN8. The property covers 89 m² (958 sq ft), giving an estimated value of £2,398 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £215,000

    Jun 2021

    Estimated Valuation

    £213,461

    Est. £/sq ft

    £223/sq ft

    £2,398/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateJun 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2021

    £215,000

    6 May 2016

    £180,000

    Key Metrics

    Estimated valuation£213,461
    Value per sq ft / m²£223/sq ft (£2,398/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile43rd percentile
    National percentile28th 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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