1, Rase Cottages Rase Lane, Market Rasen, LN8 3HU is a freehold terraced property built between 1900-1929. The property offers approximately 678 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £78,468 , which equates to approximately £116 per square foot. It was last sold on 15 Feb 1999 for £17,000. Since then, the value has increased by £61,468, representing a 361.6% increase, or approximately 13.5% per year.

The current estimated value of £78,468 is:

  • 63.5% lower than the average property price on Rase Lane
  • 67.4% lower than the average in the LN8 3HU postcode area
  • and 64.1% lower than the average price for Market Rasen as a whole

At the most recent EPC inspection on 19 February 2013, the property was recorded as owner-occupied.

View sold house prices in LN8 3HU

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
678 sq ft
Tenure
Freehold
Price (estimate)
£78,468
Price Per sq ft (estimate)
£116
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1, Rase Cottages Rase Lane, Market Rasen, West Lindsey, Lincolnshire, LN8 3HU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Jan 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Feb 2013. The rating of D is unchanged, though the energy efficiency score decreased by 1.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 25 mm loft insulation, changing energy efficiency from good to poor.
  • The lighting was changed from low energy lighting in 88% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN8 3HU

10 th / 10
Price Rank
67% lower than average
6 th / 6
Size Rank
38% smaller than average
6 th / 6
Price Per Sq FT Rank
48% lower than average

Compared to other properties in LN8 3HU , this house's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 6th out of 6 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 6 properties in its postcode area.

Sale History

Today
£78,468
streetscan.co.uk estimate
+362 %
15 Feb 1999
£17,000
Leasehold

Area Insights

Similar Properties Sold Nearby

4, Rase Cottages Rase Lane, Market Rasen, LN8 3HU
rooms: 5
size: 743 sq ft
sale price: £118,500
sale date: 2 Jun 2021
2, Rase Cottages Rase Lane, Market Rasen, LN8 3HU
rooms: 4
size: 678 sq ft
sale price: £64,250
sale date: 23 Jul 2010

Data Sources

The property at 1, Rase Cottages Rase Lane, Market Rasen, West Lindsey, Lincolnshire, LN8 3HU appears once in the Land Registry records, with the transaction recorded on 15 Feb 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jan 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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