The Paddock Highgate Lane

    THE PADDOCK, HIGHGATE LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2HQ

    This detached freehold property on Highgate Lane last sold in October 2020 for £308,000. Based on price growth in the LN8 district since then, its estimated current value is £365,598 — placing it in the 62nd percentile nationally and the 82nd percentile within LN8. The property covers 100 m² (1,076 sq ft), giving an estimated value of £3,656 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £308,000

    Oct 2020

    Estimated Valuation

    £365,598

    Est. £/sq ft

    £340/sq ft

    £3,656/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateFeb 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    1 Oct 2020

    £308,000

    2 Jun 2015

    £200,000

    Key Metrics

    Estimated valuation£365,598
    Value per sq ft / m²£340/sq ft (£3,656/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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