Barn Farmhouse Mill Lane, Middle Rasen, Market Rasen, LN8 3LE is a freehold detached property built before 1900. The property offers approximately 2,207 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £486,667 , which equates to approximately £221 per square foot. It was last sold on 10 Nov 2016 for £340,000. Since then, the value has increased by £146,667, representing a 43.1% increase, or approximately 4.7% per year.

The current estimated value of £486,667 is:

  • 48.4% higher than the average property price on Mill Lane
  • 51.3% higher than the average in the LN8 3LE postcode area
  • and 112.8% higher than the average price for Market Rasen as a whole

At the most recent EPC inspection on 29 June 2010, the property was recorded as owner-occupied.

View sold house prices in LN8 3LE

Building approximate location

About Property

Type
Detached House
Built
before 1900
Interior Size
2207 sq ft
Tenure
Freehold
Price (estimate)
£486,667
Price Per sq ft (estimate)
£221
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Barn Farmhouse Mill Lane, Middle Rasen, Market Rasen, West Lindsey, Lincolnshire, LN8 3LE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Mar 2018.

This property uses an oil-fired boiler with radiators 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 29 Jun 2010, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 45.9%.

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 average.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 35% of fixed outlets to low energy lighting in 9% of fixed outlets, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 9% of fixed outlets
Very Poor

Compared to LN8 3LE

2 nd / 14
Price Rank
51% higher than average
2 nd / 12
Size Rank
54% bigger than average
8 th / 12
Price Per Sq FT Rank
2% lower than average

Compared to other properties in LN8 3LE , this house's estimated value ranks 2nd out of 14. Based on price per square foot, it ranks 8th out of 12 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 2nd out of 12 properties in its postcode area.

Sale History

Today
£486,667
streetscan.co.uk estimate
+43 %
10 Nov 2016
£340,000
Leasehold
+6.3 %
10 Dec 2010
£320,000
Leasehold

Area Insights

Similar Properties Sold Nearby

11 Mill Lane, Caistor, Market Rasen, LN7 6UA
rooms: 8
size: 2260 sq ft
sale price: £260,000
sale date: 25 Aug 2023

Data Sources

The property at Barn Farmhouse Mill Lane, Middle Rasen, Market Rasen, LN8 3LE appears two times in the Land Registry records, with the latest transaction recorded on 10 Nov 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Mar 2018. 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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