Melford Well Street, Bishop Norton, Market Rasen, LN8 2AZ is a freehold detached property built before 1900. The property offers approximately 1,787 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 £314,231 , which equates to approximately £176 per square foot. It was last sold on 3 Jun 2016 for £210,000. Since then, the value has increased by £104,231, representing a 49.6% increase, or approximately 5.2% per year.

The current estimated value of £314,231 is:

  • 10.8% lower than the average property price on Well Street
  • 6.8% lower than the average in the LN8 2AZ postcode area
  • and 37.4% higher than the average price for Market Rasen as a whole

At the most recent EPC inspection on 6 November 2013, the property was recorded as owner-occupied.

View sold house prices in LN8 2AZ

Building approximate location

About Property

Type
Detached House
Built
before 1900
Interior Size
1787 sq ft
Tenure
Freehold
Price (estimate)
£314,231
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Melford Well Street, Bishop Norton, Market Rasen, West Lindsey, Lincolnshire, LN8 2AZ has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 6 Nov 2013.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows have some double glazing.

Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Poor
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to LN8 2AZ

5 th / 12
Price Rank
7% lower than average
4 th / 6
Size Rank
18% bigger than average
5 th / 6
Price Per Sq FT Rank
21% lower than average

Compared to other properties in LN8 2AZ , this house's estimated value ranks 5th out of 12. Based on price per square foot, it ranks 5th out of 6 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 4th out of 6 properties in its postcode area.

Sale History

Today
£314,231
streetscan.co.uk estimate
+50 %
3 Jun 2016
£210,000
Leasehold
+176.3 %
19 Jun 1997
£76,000
Leasehold

Area Insights

Nearby Properties

rooms: 10
size: 1927 sq ft
sale price: £450,000
sale date: 4 Mar 2022
rooms: 5
size: 1087 sq ft
sale price: £295,000
sale date: 25 Aug 2021
rooms: 5
size: 1453 sq ft
sale price: £275,000
sale date: 22 Jan 2021
rooms:
size: 1905 sq ft
sale price: £365,000
sale date: 23 Mar 2020
rooms:
size: 2863 sq ft
sale price: £415,500
sale date: 19 Dec 2019

Data Sources

The property at Melford Well Street, Bishop Norton, Market Rasen, LN8 2AZ appears two times in the Land Registry records, with the latest transaction recorded on 3 Jun 2016. It also has a single Energy Performance Certificate (EPC) from 6 Nov 2013. 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.