4, Prospect House Prospect Place, Market Rasen, LN8 3AS is a leasehold flat built before 1900. The property offers approximately 366 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £28,290 , which equates to approximately £77 per square foot. It was last sold on 11 Nov 2003 for £17,860. Since then, the value has increased by £10,430, representing a 58.4% increase, or approximately 2.6% per year.

The current estimated value of £28,290 is:

  • 78.6% lower than the average property price on Prospect Place
  • 76.2% lower than the average in the LN8 3AS postcode area
  • and 87.6% lower than the average price for Market Rasen as a whole

At the most recent EPC inspection on 16 June 2021, the property was recorded as rented.

View sold house prices in LN8 3AS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
366 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£28,290
Price Per sq ft (estimate)
£77
Bedroom Count (estimate)
1 bedroom

EPC Summary

4, Prospect House Prospect Place, Market Rasen, West Lindsey, Lincolnshire, LN8 3AS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Jun 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 26 May 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 22.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to LN8 3AS

26 th / 29
Price Rank
76% lower than average
24 th / 24
Size Rank
51% smaller than average
13 th / 24
Price Per Sq FT Rank
51% lower than average

Compared to other properties in LN8 3AS , this flat's estimated value ranks 26th out of 29. Based on price per square foot, it ranks 13th out of 24 properties. In terms of size, this home ranks 24th out of 24 properties in its postcode area.

Sale History

Today
£28,290
streetscan.co.uk estimate
+58 %
11 Nov 2003
£17,860
Leasehold
-10.7 %
31 Mar 2000
£20,000
Leasehold

Area Insights

Nearby Properties

5, Prospect House Prospect Place, Market Rasen, LN8 3AS
rooms: 3
size: 657 sq ft
sale price: £37,600
sale date: 11 Nov 2003
3, Prospect House Prospect Place, Market Rasen, LN8 3AS
rooms: 3
size: 635 sq ft
sale price: £28,950
sale date: 2 May 2003
1, Prospect House Prospect Place, Market Rasen, LN8 3AS
rooms: 2
size: 592 sq ft
sale price: £55,000
sale date: 9 Mar 2007
3A Prospect Place, Market Rasen, LN8 3AS
rooms: 4
size: 904 sq ft
sale price: £85,000
sale date: 30 Nov 2023
6 Prospect Place, Market Rasen, LN8 3AS
rooms: 4
size: 710 sq ft
sale price: £55,000
sale date: 12 Dec 2016

Data Sources

The property at 4, Prospect House Prospect Place, Market Rasen, LN8 3AS appears two times in the Land Registry records, with the latest transaction recorded on 11 Nov 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jun 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.
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