Cherry Cottage Rasen Road

    CHERRY COTTAGE, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL

    This detached freehold property on Rasen Road last sold in August 2022 for £552,500. Based on price growth in the LN8 district since then, its estimated current value is £524,004 — placing it in the 81st percentile nationally and the 94th percentile within LN8. The property covers 193 m² (2,077 sq ft), giving an estimated value of £2,715 per m². The EPC rating is D, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,077 sq ft

    193 m²

    Last Sale Price

    £552,500

    Aug 2022

    Estimated Valuation

    £524,004

    Est. £/sq ft

    £252/sq ft

    £2,715/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialA
    Floor area2,077 sq ft (193 m²)
    EPC dateFeb 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £552,500

    24 Mar 2021

    £450,000

    18 Mar 2019

    £485,000

    7 Aug 2009

    £270,000

    Key Metrics

    Estimated valuation£524,004
    Value per sq ft / m²£252/sq ft (£2,715/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile94th percentile
    National percentile81st 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

    More properties in LN8

    Streets in LN8

    Explore nearby