Normanby Lodge Penfold Lane

    NORMANBY LODGE, PENFOLD LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2FS

    This detached freehold property on Penfold Lane last sold in March 2024 for £380,000. Based on price growth in the LN8 district since then, its estimated current value is £376,872 — placing it in the 64th percentile nationally and the 83rd percentile within LN8. The property covers 149 m² (1,604 sq ft), giving an estimated value of £2,529 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,604 sq ft

    149 m²

    Last Sale Price

    £380,000

    Mar 2024

    Estimated Valuation

    £376,872

    Est. £/sq ft

    £235/sq ft

    £2,529/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms7
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area1,604 sq ft (149 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    18 Mar 2024

    £380,000

    8 Jan 2021

    £345,000

    30 Aug 2017

    £315,000

    17 Dec 2010

    £239,000

    17 Nov 2000

    New build

    £30,000

    Key Metrics

    Estimated valuation£376,872
    Value per sq ft / m²£235/sq ft (£2,529/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile83rd percentile
    National percentile64th 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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