Homestead Willingham Road, East Barkwith, Market Rasen, LN8 5RP is a freehold detached property built between 1950-1966. The property offers approximately 743 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £263,189 , which equates to approximately £354 per square foot. It was last sold on 2 Nov 2018 for £210,000. Since then, the value has increased by £53,189, representing a 25.3% increase, or approximately 3.6% per year.

The current estimated value of £263,189 is:

  • 12.9% lower than the average property price on Willingham Road
  • 31.9% lower than the average in the LN8 5RP postcode area
  • and 20.5% 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 9 April 2018, the property was recorded as owner-occupied.

View sold house prices in LN8 5RP

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
743 sq ft
Tenure
Freehold
Price (estimate)
£263,189
Price Per sq ft (estimate)
£354
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Homestead Willingham Road, East Barkwith, Market Rasen, East Lindsey, Lincolnshire, LN8 5RP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Apr 2018.

This property uses dual-fuel room heaters, burning both mineral fuel and wood, as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Nov 2011, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 71.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, dual fuel (mineral and wood), changing energy efficiency from average to poor.
  • The hot water system was changed from electric immersion, off-peak, no cylinder thermostat to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to 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 lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, dual fuel (mineral and wood)
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to LN8 5RP

13 th / 18
Price Rank
32% lower than average
14 th / 14
Size Rank
51% smaller than average
2 nd / 14
Price Per Sq FT Rank
40% higher than average

Compared to other properties in LN8 5RP , this bungalow's estimated value ranks 13th out of 18. Based on price per square foot, it ranks 2nd out of 14 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 14th out of 14 properties in its postcode area.

Sale History

Today
£263,189
streetscan.co.uk estimate
+25 %
2 Nov 2018
£210,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 829 sq ft
sale price: £185,000
sale date: 3 Mar 2023

Data Sources

The property at Homestead Willingham Road, East Barkwith, Market Rasen, East Lindsey, Lincolnshire, LN8 5RP appears once in the Land Registry records, with the transaction recorded on 2 Nov 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Apr 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.


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