5 Meadowfield, Middle Rasen, Market Rasen, LN8 3TP is a freehold detached property built between 1983-1990. The property offers approximately 904 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £256,919 , which equates to approximately £284 per square foot. It was last sold on 26 Feb 2021 for £225,000. Since then, the value has increased by £31,919, representing a 14.2% increase, or approximately 3.0% per year.

The current estimated value of £256,919 is:

  • 3.7% lower than the average property price on Meadowfield
  • 1.3% higher than the average in the LN8 3TP postcode area
  • and 17.6% 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 7 December 2020, the property was recorded as owner-occupied.

View sold house prices in LN8 3TP

Building approximate location

About Property

Type
Detached Bungalow
Built
1983-1990
Interior Size
904 sq ft
Tenure
Freehold
Price (estimate)
£256,919
Price Per sq ft (estimate)
£284
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 Meadowfield, Middle Rasen, Market Rasen, West Lindsey, Lincolnshire, LN8 3TP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Dec 2020.

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 30 Oct 2008. The rating of D remains the same, but the energy efficiency score improved by 8.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from poor to good.
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
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to LN8 3TP

7 th / 11
Price Rank
1% higher than average
3 rd / 8
Size Rank
2% bigger than average
6 th / 8
Price Per Sq FT Rank
1% lower than average

Compared to other properties in LN8 3TP , this bungalow's estimated value ranks 7th out of 11. Based on price per square foot, it ranks 6th out of 8 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 3rd out of 8 properties in its postcode area.

Sale History

Today
£256,919
streetscan.co.uk estimate
+14 %
26 Feb 2021
£225,000
Leasehold
+30.1 %
12 Dec 2008
£173,000
Leasehold
+9.5 %
25 Nov 2005
£158,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 893 sq ft
sale price: £190,000
sale date: 31 Oct 2019
rooms: 4
size: 924 sq ft
sale price: £152,000
sale date: 27 Oct 2014
rooms: 3
size: 840 sq ft
sale price: £155,000
sale date: 28 Aug 2013
rooms: 5
size: 876 sq ft
sale price: £170,000
sale date: 23 Aug 2013
rooms: 4
size: 809 sq ft
sale price: £160,000
sale date: 28 Mar 2013

Data Sources

The property at 5 Meadowfield, Middle Rasen, Market Rasen, LN8 3TP appears three times in the Land Registry records, with the latest transaction recorded on 26 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Dec 2020. 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.