Cherry Trees Mill Lane

    CHERRY TREES, MILL LANE, BURGH ON BAIN, MARKET RASEN, LN8 6JZ

    This detached freehold property on Mill Lane last sold in March 2025 for £435,000. Based on price growth in the LN8 district since then, its estimated current value is £435,000 — placing it in the 72nd percentile nationally and the 88th percentile within LN8. The property covers 144 m² (1,550 sq ft), giving an estimated value of £3,021 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £435,000

    Mar 2025

    Estimated Valuation

    £435,000

    Est. £/sq ft

    £281/sq ft

    £3,021/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialA
    Floor area1,550 sq ft (144 m²)
    EPC dateMay 2022
    WallsCavity wall, filled cavity
    HeatingGround source heat pump, radiators, electric

    Transaction History

    27 Mar 2025

    £435,000

    21 Mar 2016

    £252,500

    Key Metrics

    Estimated valuation£435,000
    Value per sq ft / m²£281/sq ft (£3,021/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile88th percentile
    National percentile72nd 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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