Terrimar Spring Bank

    TERRIMAR, SPRING BANK, BINBROOK, MARKET RASEN, LN8 6DF

    This detached freehold property on Spring Bank last sold in November 2015 for £217,500. Based on price growth in the LN8 district since then, its estimated current value is £294,459 — placing it in the 48th percentile nationally and the 68th percentile within LN8. The property covers 164 m² (1,765 sq ft), giving an estimated value of £1,795 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £217,500

    Nov 2015

    Estimated Valuation

    £294,459

    Est. £/sq ft

    £167/sq ft

    £1,795/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,765 sq ft (164 m²)
    EPC dateMar 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2015

    £217,500

    9 Oct 2009

    £171,000

    25 Apr 2007

    £178,000

    20 Oct 2000

    New build

    £12,500

    Key Metrics

    Estimated valuation£294,459
    Value per sq ft / m²£167/sq ft (£1,795/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile68th percentile
    National percentile48th 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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