16 Mill Road

    16, MILL ROAD, MARKET RASEN, LN8 3BP

    This semi-detached freehold property on Mill Road last sold in February 2025 for £170,000. Based on price growth in the LN8 district since then, its estimated current value is £170,000 — placing it in the 17th percentile nationally and the 27th percentile within LN8. The property covers 76 m² (818 sq ft), giving an estimated value of £2,237 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £170,000

    Feb 2025

    Estimated Valuation

    £170,000

    Est. £/sq ft

    £208/sq ft

    £2,237/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Feb 2025

    £170,000

    25 Mar 2022

    £160,000

    9 Oct 2019

    £97,000

    16 Apr 2007

    £114,950

    Key Metrics

    Estimated valuation£170,000
    Value per sq ft / m²£208/sq ft (£2,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile27th percentile
    National percentile17th 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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