2, Rainbow Cottages Market Place, Binbrook, Market Rasen, LN8 6DE is a freehold detached property built between 2003-2006. The property offers approximately 697 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 £116,777 , which equates to approximately £167 per square foot. It was last sold on 6 Jul 2001 for £34,000. Since then, the value has increased by £82,777, representing a 243.5% increase, or approximately 10.0% per year.

The current estimated value of £116,777 is:

  • 43.1% lower than the average property price on Market Place
  • 57.4% lower than the average in the LN8 6DE postcode area
  • and 48.9% lower than the average price for Market Rasen as a whole

At the most recent EPC inspection on 23 September 2011, the property was recorded as owner-occupied.

View sold house prices in LN8 6DE

Building approximate location

About Property

Type
Semi-Detached House
Built
2003-2006
Interior Size
697 sq ft
Tenure
Freehold
Price (estimate)
£116,777
Price Per sq ft (estimate)
£167
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2, Rainbow Cottages Market Place, Binbrook, Market Rasen, East Lindsey, Lincolnshire, LN8 6DE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Sep 2011.

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, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LN8 6DE

12 th / 13
Price Rank
57% lower than average
5 th / 5
Size Rank
57% smaller than average
4 th / 5
Price Per Sq FT Rank
2% lower than average

Compared to other properties in LN8 6DE , this house's estimated value ranks 12th out of 13. Based on price per square foot, it ranks 4th out of 5 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 5th out of 5 properties in its postcode area.

Sale History

Today
£116,777
streetscan.co.uk estimate
+243 %
6 Jul 2001
£34,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £90,950
sale date: 24 Mar 2017

Data Sources

The property at 2, Rainbow Cottages Market Place, Binbrook, Market Rasen, East Lindsey, Lincolnshire, LN8 6DE appears once in the Land Registry records, with the transaction recorded on 6 Jul 2001. It also has a single Energy Performance Certificate (EPC) from 23 Sep 2011. 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.


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