Fairway Magna Mile, Ludford, Market Rasen, LN8 6AD is a freehold semi-detached property built between 1967-1975. The property offers approximately 1,270 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £291,868 , which equates to approximately £230 per square foot. It was last sold on 13 Dec 2006 for £186,000. Since then, the value has increased by £105,868, representing a 56.9% increase, or approximately 3.0% per year.

The current estimated value of £291,868 is:

  • 13.9% higher than the average property price on Magna Mile
  • 4.4% higher than the average in the LN8 6AD postcode area
  • and 27.7% 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 8 May 2014, the property was recorded as owner-occupied.

View sold house prices in LN8 6AD

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
1270 sq ft
Tenure
Freehold
Price (estimate)
£291,868
Price Per sq ft (estimate)
£230
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Fairway Magna Mile, Ludford, Market Rasen, East Lindsey, Lincolnshire, LN8 6AD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Feb 2017.

This property uses an oil-fired boiler with radiators as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 May 2014, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 20.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 400 mm loft insulation, with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 5% of fixed outlets, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, oil
Average
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 400 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 5% of fixed outlets
Very Poor

Compared to LN8 6AD

7 th / 16
Price Rank
4% higher than average
10 th / 12
Size Rank
5% smaller than average
4 th / 12
Price Per Sq FT Rank
10% higher than average

Compared to other properties in LN8 6AD , this bungalow's estimated value ranks 7th out of 16. Based on price per square foot, it ranks 4th out of 12 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 10th out of 12 properties in its postcode area.

Sale History

Today
£291,868
streetscan.co.uk estimate
+57 %
13 Dec 2006
£186,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1249 sq ft
sale price: £172,000
sale date: 3 Nov 2016
rooms: 5
size: 1335 sq ft
sale price: £165,000
sale date: 8 Feb 2013

Data Sources

The property at Fairway Magna Mile, Ludford, Market Rasen, East Lindsey, Lincolnshire, LN8 6AD appears once in the Land Registry records, with the transaction recorded on 13 Dec 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Feb 2017. 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.