3 Cedar Close, Market Rasen, LN8 3BE is a leasehold flat built between 2003-2006. The property offers approximately 538 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 £98,419 , which equates to approximately £183 per square foot. It was last sold on 25 Mar 2021 for £95,000. Since then, the value has increased by £3,419, representing a 3.6% increase, or approximately 0.8% per year.

The current estimated value of £98,419 is:

  • 25.8% lower than the average property price on Cedar Close
  • 8.4% lower than the average in the LN8 3BE postcode area
  • and 54.9% lower than the average price for Market Rasen as a whole

At the most recent EPC inspection on 29 October 2012, the property was recorded as owner-occupied.

View sold house prices in LN8 3BE

Building approximate location

About Property

Type
Terraced Bungalow
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Price (estimate)
£98,419
Price Per sq ft (estimate)
£183
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 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 29 Oct 2012.

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, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to LN8 3BE

15 th / 17
Price Rank
8% lower than average
13 th / 14
Size Rank
13% smaller than average
11 th / 14
Price Per Sq FT Rank
5% higher than average

Compared to other properties in LN8 3BE , this bungalow's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 11th out of 14 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 13th out of 14 properties in its postcode area.

Sale History

Today
£98,419
streetscan.co.uk estimate
+4 %
25 Mar 2021
£95,000
Leasehold
+162.4 %
2 Nov 1999
£36,200
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: 560 sq ft
sale price: £86,000
sale date: 28 Apr 2023
rooms: 3
size: 538 sq ft
sale price: £89,000
sale date: 9 Jul 2021
rooms: 3
size: 603 sq ft
sale price: £92,000
sale date: 3 May 2011

Data Sources

The property at 3 Cedar Close, Market Rasen, LN8 3BE appears two times in the Land Registry records, with the latest transaction recorded on 25 Mar 2021. It also has a single Energy Performance Certificate (EPC) from 29 Oct 2012. 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.