22 The Ridings, Market Rasen, LN8 3EE is a freehold detached property built between 1991-1995. The property offers approximately 603 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 £221,279 , which equates to approximately £367 per square foot. It was last sold on 4 Nov 2022 for £215,000. Since then, the value has increased by £6,279, representing a 2.9% increase, or approximately 0.9% per year.

The current estimated value of £221,279 is:

  • 22.1% lower than the average property price on The Ridings
  • 19.1% lower than the average in the LN8 3EE postcode area
  • and 3.2% lower 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 14 April 2021, the property was recorded as owner-occupied.

View sold house prices in LN8 3EE

Building approximate location

About Property

Type
Detached Bungalow
Built
1991-1995
Interior Size
603 sq ft
Tenure
Freehold
Price (estimate)
£221,279
Price Per sq ft (estimate)
£367
Bedroom Count (estimate)
1 bedroom

EPC Summary

22 The Ridings, Market Rasen, West Lindsey, Lincolnshire, LN8 3EE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Apr 2021.

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 6 Apr 2010. The rating of D is unchanged, though the energy efficiency score decreased by 3.4%.

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 roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 270 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 71% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to LN8 3EE

37 th / 52
Price Rank
19% lower than average
39 th / 39
Size Rank
35% smaller than average
2 nd / 39
Price Per Sq FT Rank
24% higher than average

Compared to other properties in LN8 3EE , this bungalow's estimated value ranks 37th out of 52. Based on price per square foot, it ranks 2nd out of 39 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 39th out of 39 properties in its postcode area.

Sale History

Today
£221,279
streetscan.co.uk estimate
+3 %
4 Nov 2022
£215,000
Leasehold
+59.3 %
11 Aug 2010
£135,000
Leasehold
+138.9 %
29 Jun 1995
£56,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £230,000
sale date: 4 Mar 2022
rooms: 3
size: 603 sq ft
sale price: £169,950
sale date: 8 Jan 2021
rooms: 3
size: 603 sq ft
sale price: £160,000
sale date: 12 Oct 2020
rooms: 3
size: 603 sq ft
sale price: £160,000
sale date: 11 Sep 2020
rooms: 3
size: 667 sq ft
sale price: £170,000
sale date: 21 Sep 2016

Data Sources

The property at 22 The Ridings, Market Rasen, LN8 3EE appears three times in the Land Registry records, with the latest transaction recorded on 4 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 2021. 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.