1 Otter Close

    1, OTTER CLOSE, MARKET RASEN, LN8 3ZJ

    This detached freehold property on Otter Close last sold in October 2024 for £560,000. Based on price growth in the LN8 district since then, its estimated current value is £555,390 — placing it in the 83rd percentile nationally and the 95th percentile within LN8. The property covers 192 m² (2,067 sq ft), giving an estimated value of £2,893 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,067 sq ft

    192 m²

    Last Sale Price

    £560,000

    Oct 2024

    Estimated Valuation

    £555,390

    Est. £/sq ft

    £269/sq ft

    £2,893/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area2,067 sq ft (192 m²)
    EPC dateSept 2024
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2024

    New build

    £560,000

    Key Metrics

    Estimated valuation£555,390
    Value per sq ft / m²£269/sq ft (£2,893/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile95th percentile
    National percentile83rd 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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