Woodbine Cottage Magna Mile

    WOODBINE COTTAGE, MAGNA MILE, LUDFORD, MARKET RASEN, LN8 6AJ

    This terraced freehold property on Magna Mile last sold in April 2025 for £110,000. Based on price growth in the LN8 district since then, its estimated current value is £110,000 — placing it in the 5th percentile nationally and the 8th percentile within LN8. The property covers 113 m² (1,216 sq ft), giving an estimated value of £973 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £110,000

    Apr 2025

    Estimated Valuation

    £110,000

    Est. £/sq ft

    £90/sq ft

    £973/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area1,216 sq ft (113 m²)
    EPC dateJun 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    11 Apr 2025

    £110,000

    29 Nov 1996

    £34,995

    12 Apr 1995

    £13,500

    Key Metrics

    Estimated valuation£110,000
    Value per sq ft / m²£90/sq ft (£973/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile8th percentile
    National percentile5th 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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