The Shambles Private Lane

    THE SHAMBLES, PRIVATE LANE, NORMANBY BY SPITAL, MARKET RASEN, LN8 2HF

    This detached freehold property on Private Lane last sold in September 2024 for £260,000. Based on price growth in the LN8 district since then, its estimated current value is £257,860 — placing it in the 39th percentile nationally and the 58th percentile within LN8. The property covers 106 m² (1,141 sq ft), giving an estimated value of £2,433 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £260,000

    Sept 2024

    Estimated Valuation

    £257,860

    Est. £/sq ft

    £226/sq ft

    £2,433/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateMay 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    27 Sept 2024

    £260,000

    19 Sept 2018

    £217,500

    29 Aug 2007

    £152,500

    Key Metrics

    Estimated valuation£257,860
    Value per sq ft / m²£226/sq ft (£2,433/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile58th percentile
    National percentile39th 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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