5 Millfield Close

    5, MILLFIELD CLOSE, TEALBY, MARKET RASEN, LN8 3XQ

    This detached freehold property on Millfield Close last sold in August 2024 for £440,000. Based on price growth in the LN8 district since then, its estimated current value is £436,378 — placing it in the 72nd percentile nationally and the 89th percentile within LN8. The property covers 124 m² (1,335 sq ft), giving an estimated value of £3,519 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £440,000

    Aug 2024

    Estimated Valuation

    £436,378

    Est. £/sq ft

    £327/sq ft

    £3,519/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,335 sq ft (124 m²)
    EPC dateFeb 2021
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    30 Aug 2024

    £440,000

    22 Jun 2021

    £399,950

    Key Metrics

    Estimated valuation£436,378
    Value per sq ft / m²£327/sq ft (£3,519/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile89th 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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