1 Wellesley Close

    1, WELLESLEY CLOSE, MARKET RASEN, LN8 3EJ

    This detached freehold property on Wellesley Close last sold in April 2022 for £222,500. Based on price growth in the LN8 district since then, its estimated current value is £211,024 — placing it in the 27th percentile nationally and the 42nd percentile within LN8. The property covers 69 m² (743 sq ft), giving an estimated value of £3,058 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £222,500

    Apr 2022

    Estimated Valuation

    £211,024

    Est. £/sq ft

    £284/sq ft

    £3,058/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2022

    £222,500

    Key Metrics

    Estimated valuation£211,024
    Value per sq ft / m²£284/sq ft (£3,058/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile42nd percentile
    National percentile27th 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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