Rivendell Mill Lane

    RIVENDELL, MILL LANE, BURGH ON BAIN, MARKET RASEN, LN8 6JZ

    This detached freehold property on Mill Lane last sold in May 2021 for £325,000. Based on price growth in the LN8 district since then, its estimated current value is £322,673 — placing it in the 54th percentile nationally and the 74th percentile within LN8. The property covers 164 m² (1,765 sq ft), giving an estimated value of £1,968 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £325,000

    May 2021

    Estimated Valuation

    £322,673

    Est. £/sq ft

    £183/sq ft

    £1,968/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fueloil (not community)
    EPC currentC
    EPC potentialC
    Floor area1,765 sq ft (164 m²)
    EPC dateMar 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    7 May 2021

    £325,000

    Key Metrics

    Estimated valuation£322,673
    Value per sq ft / m²£183/sq ft (£1,968/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile74th percentile
    National percentile54th 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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