14 Prospect Place, Market Rasen, LN8 3AS is a freehold terraced property built between 1900-1929. The property offers approximately 624 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £107,265 , which equates to approximately £172 per square foot. It was last sold on 2 Oct 2017 for £76,500. Since then, the value has increased by £30,765, representing a 40.2% increase, or approximately 4.9% per year.

The current estimated value of £107,265 is:

  • 19.0% lower than the average property price on Prospect Place
  • 9.9% lower than the average in the LN8 3AS postcode area
  • and 53.1% lower than the average price for Market Rasen as a whole

At the most recent EPC inspection on 18 May 2023, the property was recorded as rented.

View sold house prices in LN8 3AS

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
624 sq ft
Tenure
Freehold
Price (estimate)
£107,265
Price Per sq ft (estimate)
£172
Bedroom Count (estimate)
1 bedroom

EPC Summary

14 Prospect Place, Market Rasen, West Lindsey, Lincolnshire, LN8 3AS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 May 2023.

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 21 Jan 2011. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 5% of fixed outlets to low energy lighting in 43% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to LN8 3AS

20 th / 29
Price Rank
10% lower than average
17 th / 24
Size Rank
17% smaller than average
11 th / 24
Price Per Sq FT Rank
9% higher than average

Compared to other properties in LN8 3AS , this house's estimated value ranks 20th out of 29. Based on price per square foot, it ranks 11th out of 24 properties. In terms of size, this home ranks 17th out of 24 properties in its postcode area.

Sale History

Today
£107,265
streetscan.co.uk estimate
+40 %
2 Oct 2017
£76,500
Leasehold
-1.9 %
5 May 2006
£78,000
Leasehold
+1.4 %
6 Sep 2005
£76,950
Leasehold

Area Insights

Similar Properties Sold Nearby

20 Prospect Place, Market Rasen, LN8 3AS
rooms: 4
size: 667 sq ft
sale price: £96,500
sale date: 28 Feb 2022
26 Prospect Place, Market Rasen, LN8 3AS
rooms: 3
size: 560 sq ft
sale price: £80,000
sale date: 11 Oct 2021
8 Prospect Place, Market Rasen, LN8 3AS
rooms: 4
size: 657 sq ft
sale price: £74,500
sale date: 30 Apr 2015
12 Prospect Place, Market Rasen, LN8 3AS
rooms: 4
size: 614 sq ft
sale price: £78,000
sale date: 30 Nov 2005
16 Prospect Place, Market Rasen, LN8 3AS
rooms: 4
size: 624 sq ft
sale price: £38,000
sale date: 12 Jul 2002

Data Sources

The property at 14 Prospect Place, Market Rasen, LN8 3AS appears three times in the Land Registry records, with the latest transaction recorded on 2 Oct 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2023. 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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