2 Bain Rise, Ludford, Market Rasen, LN8 6LF is a freehold detached property built between 1996-2002. The property offers approximately 1,109 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £271,442 , which equates to approximately £245 per square foot. It was last sold on 26 Aug 2022 for £274,000. Since then, the value has decreased by £2,558, representing a 0.9% decrease, or approximately 0.3% per year.

The current estimated value of £271,442 is:

  • 8.4% higher than the average property price on Bain Rise
  • 11.4% higher than the average in the LN8 6LF postcode area
  • and 24.3% higher than the average price for Market Rasen as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 January 2025, the property was recorded as owner-occupied.

View sold house prices in LN8 6LF

Building approximate location

About Property

Type
Detached House
Built
1996-2002
Interior Size
1109 sq ft
Tenure
Freehold
Price (estimate)
£271,442
Price Per sq ft (estimate)
£245
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Bain Rise, Ludford, Market Rasen, East Lindsey, Lincolnshire, LN8 6LF has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 13 Jan 2025.

This property is heated by an air source heat pump and radiators. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Apr 2022, when the property was rated E. Since then, the rating has improved to B, with the energy efficiency score increasing by 65.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to air source heat pump, radiators, electric, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, plus solar, with its energy efficiency improving from poor to average.
  • The roof construction or insulation changed from pitched, 270 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 87% of fixed outlets, with no change in efficiency (very good).
Heating Type
Air source heat pump, radiators, electric
Good
Hot Water
From main system, plus solar
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 87% of fixed outlets
Very Good

Compared to LN8 6LF

13 th / 23
Price Rank
11% higher than average
4 th / 17
Size Rank
21% bigger than average
15 th / 17
Price Per Sq FT Rank
8% lower than average

Compared to other properties in LN8 6LF , this house's estimated value ranks 13th out of 23. Based on price per square foot, it ranks 15th out of 17 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 4th out of 17 properties in its postcode area.

Sale History

Today
£271,442
streetscan.co.uk estimate
-1 %
26 Aug 2022
£274,000
Leasehold
+107.6 %
12 Sep 2003
£132,000
Leasehold
+68.2 %
1 Aug 2001
£78,500
Leasehold
+41.4 %
27 Jan 1995
£55,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 958 sq ft
sale price: £200,000
sale date: 14 Mar 2025
rooms: 6
size: 1087 sq ft
sale price: £285,000
sale date: 6 Apr 2024
rooms: 5
size: 1012 sq ft
sale price: £280,000
sale date: 8 Jan 2024
rooms: 4
size: 958 sq ft
sale price: £215,000
sale date: 4 Dec 2023
rooms: 5
size: 1098 sq ft
sale price: £210,000
sale date: 19 Mar 2021

Data Sources

The property at 2 Bain Rise, Ludford, Market Rasen, LN8 6LF appears four times in the Land Registry records, with the latest transaction recorded on 26 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jan 2025. 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.