Farthings Otby Lane, Walesby, Market Rasen, LN8 3UT is a freehold detached property built between 1967-1975. The property offers approximately 2,788 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 £638,750 , which equates to approximately £229 per square foot. It was last sold on 12 Jun 2014 for £400,000. Since then, the value has increased by £238,750, representing a 59.7% increase, or approximately 5.2% per year.

The current estimated value of £638,750 is:

  • 21.5% higher than the average property price on Otby Lane
  • 28.3% higher than the average in the LN8 3UT postcode area
  • and 179.4% higher than the average price for Market Rasen as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 17 May 2024, the property was recorded as owner-occupied.

View sold house prices in LN8 3UT

Building approximate location

About Property

Type
Detached House
Built
1967-1975
Interior Size
2788 sq ft
Tenure
Freehold
Price (estimate)
£638,750
Price Per sq ft (estimate)
£229
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Farthings Otby Lane, Walesby, Market Rasen, West Lindsey, Lincolnshire, LN8 3UT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 May 2024.

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 24 Jun 2014, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 78.1%.

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, 250 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 48% of fixed outlets to low energy lighting in 79% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 79% of fixed outlets
Very Good

Sale History

Today
£638,750
streetscan.co.uk estimate
+60 %
12 Jun 2014
£400,000
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 2174 sq ft
sale price: £460,000
sale date: 28 Sep 2023

Data Sources

The property at Farthings Otby Lane, Walesby, Market Rasen, West Lindsey, Lincolnshire, LN8 3UT appears once in the Land Registry records, with the transaction recorded on 12 Jun 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 May 2024. 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.


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