Cherry Tree Cottage Wilkinson Drive

    CHERRY TREE COTTAGE, WILKINSON DRIVE, MIDDLE RASEN, MARKET RASEN, LN8 3LD

    This detached freehold property on Wilkinson Drive last sold in October 2022 for £215,000. Based on price growth in the LN8 district since then, its estimated current value is £203,911 — placing it in the 25th percentile nationally and the 40th percentile within LN8. The property covers 105 m² (1,130 sq ft), giving an estimated value of £1,942 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £215,000

    Oct 2022

    Estimated Valuation

    £203,911

    Est. £/sq ft

    £180/sq ft

    £1,942/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Oct 2022

    £215,000

    Key Metrics

    Estimated valuation£203,911
    Value per sq ft / m²£180/sq ft (£1,942/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile40th percentile
    National percentile25th 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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