16 Cedar Close, Market Rasen, LN8 3BE is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £87,944 , which equates to approximately £157 per square foot. It was last sold on 28 Apr 2023 for £86,000. Since then, the value has increased by £1,944, representing a 2.3% increase, or approximately 0.9% per year.

The current estimated value of £87,944 is:

  • 33.7% lower than the average property price on Cedar Close
  • 18.2% lower than the average in the LN8 3BE postcode area
  • and 59.7% lower than the average price for Market Rasen as a whole

At the most recent EPC inspection on 6 April 2022, the property was recorded as owner-occupied.

View sold house prices in LN8 3BE

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
2003-2006
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£87,944
Price Per sq ft (estimate)
£157
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Cedar Close, Market Rasen, West Lindsey, Lincolnshire, LN8 3BE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Apr 2022.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to LN8 3BE

8 th / 17
Price Rank
18% lower than average
9 th / 14
Size Rank
9% smaller than average
4 th / 14
Price Per Sq FT Rank
10% lower than average

Compared to other properties in LN8 3BE , this bungalow's estimated value ranks 8th out of 17. Based on price per square foot, it ranks 4th out of 14 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 14 properties in its postcode area.

Sale History

Today
£87,944
streetscan.co.uk estimate
+2 %
28 Apr 2023
£86,000
Leasehold
+1.2 %
8 Feb 2018
£85,000
Leasehold
+8.3 %
18 Jun 2004
£78,500
Leasehold
+65.3 %
26 Oct 1998
£47,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £90,000
sale date: 11 Aug 2023
rooms: 3
size: 538 sq ft
sale price: £89,000
sale date: 9 Jul 2021
rooms: 3
size: 538 sq ft
sale price: £95,000
sale date: 25 Mar 2021
rooms: 3
size: 603 sq ft
sale price: £92,000
sale date: 3 May 2011

Data Sources

The property at 16 Cedar Close, Market Rasen, LN8 3BE appears four times in the Land Registry records, with the latest transaction recorded on 28 Apr 2023. It also has a single Energy Performance Certificate (EPC) from 6 Apr 2022. 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.