The Nest Mill Lane

    THE NEST, MILL LANE, MIDDLE RASEN, MARKET RASEN, LN8 3LE

    This detached freehold property on Mill Lane last sold in August 2021 for £130,000. Based on price growth in the LN8 district since then, its estimated current value is £129,069 — placing it in the 8th percentile nationally and the 13th percentile within LN8. The property covers 261 m² (2,809 sq ft), giving an estimated value of £495 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,809 sq ft

    261 m²

    Last Sale Price

    £130,000

    Aug 2021

    Estimated Valuation

    £129,069

    Est. £/sq ft

    £46/sq ft

    £495/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelOil: heating oil
    EPC currentB
    EPC potentialB
    Floor area2,809 sq ft (261 m²)
    EPC dateNov 2024
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and underfloor heating, oil

    Transaction History

    27 Aug 2021

    £130,000

    Key Metrics

    Estimated valuation£129,069
    Value per sq ft / m²£46/sq ft (£495/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile13th percentile
    National percentile8th 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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