1 Mill Road

    1, MILL ROAD, MARKET RASEN, LN8 3BP

    This detached freehold property on Mill Road last sold in June 2023 for £285,000. Based on price growth in the LN8 district since then, its estimated current value is £284,946 — placing it in the 46th percentile nationally and the 66th percentile within LN8. The property covers 126 m² (1,356 sq ft), giving an estimated value of £2,261 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £285,000

    Jun 2023

    Estimated Valuation

    £284,946

    Est. £/sq ft

    £210/sq ft

    £2,261/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,356 sq ft (126 m²)
    EPC dateSept 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2023

    £285,000

    22 Jun 2016

    £171,250

    Key Metrics

    Estimated valuation£284,946
    Value per sq ft / m²£210/sq ft (£2,261/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile66th percentile
    National percentile46th 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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