1 Hoe Drive

    1, HOE DRIVE, MARKET RASEN, LN8 3DJ

    This terraced freehold property on Hoe Drive last sold in November 2022 for £155,000. Based on price growth in the LN8 district since then, its estimated current value is £137,089 — placing it in the 10th percentile nationally and the 15th percentile within LN8. The property covers 71 m² (764 sq ft), giving an estimated value of £1,931 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £155,000

    Nov 2022

    Estimated Valuation

    £137,089

    Est. £/sq ft

    £179/sq ft

    £1,931/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2022

    £155,000

    31 Aug 2005

    £100,000

    Key Metrics

    Estimated valuation£137,089
    Value per sq ft / m²£179/sq ft (£1,931/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile15th percentile
    National percentile10th 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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