Rectory Cottage Mount Pleasant

    RECTORY COTTAGE, MOUNT PLEASANT, BINBROOK, MARKET RASEN, LN8 6BQ

    This detached freehold property on Mount Pleasant last sold in August 2025 for £163,000. Based on price growth in the LN8 district since then, its estimated current value is £163,000 — placing it in the 15th percentile nationally and the 24th percentile within LN8. The property covers 123 m² (1,324 sq ft), giving an estimated value of £1,325 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £163,000

    Aug 2025

    Estimated Valuation

    £163,000

    Est. £/sq ft

    £123/sq ft

    £1,325/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,324 sq ft (123 m²)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Aug 2025

    £163,000

    20 Jul 2001

    £59,950

    Key Metrics

    Estimated valuation£163,000
    Value per sq ft / m²£123/sq ft (£1,325/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile24th percentile
    National percentile15th 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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