Old Chapel Faldingworth Road, Spridlington, Market Rasen, LN8 2DF is a freehold detached property built between 1900-1929. The property offers approximately 2,411 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 £488,119 , which equates to approximately £202 per square foot. It was last sold on 19 Mar 2021 for £416,000. Since then, the value has increased by £72,119, representing a 17.3% increase, or approximately 3.7% per year.

The current estimated value of £488,119 is:

  • 10.4% higher than the average property price on Faldingworth Road
  • 12.5% higher than the average in the LN8 2DF postcode area
  • and 113.5% 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 31 May 2018, the property was recorded as owner-occupied.

View sold house prices in LN8 2DF

Building approximate location

About Property

Type
Detached House
Built
1900-1929
Interior Size
2411 sq ft
Tenure
Freehold
Price (estimate)
£488,119
Price Per sq ft (estimate)
£202
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Old Chapel Faldingworth Road, Spridlington, Market Rasen, West Lindsey, Lincolnshire, LN8 2DF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 May 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 have partial double glazing.

The previous EPC assessment was conducted on 29 Apr 2013. The rating of D is unchanged, though the energy efficiency score decreased by 3.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to average, while the heating system type remained the same (boiler and radiators, oil).
  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 59% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 59% of fixed outlets
Good

Compared to LN8 2DF

4 th / 15
Price Rank
12% higher than average
2 nd / 12
Size Rank
52% bigger than average
11 th / 12
Price Per Sq FT Rank
26% lower than average

Compared to other properties in LN8 2DF , this house's estimated value ranks 4th out of 15. Based on price per square foot, it ranks 11th 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
£488,119
streetscan.co.uk estimate
+17 %
19 Mar 2021
£416,000
Leasehold
+10.9 %
19 Sep 2018
£375,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 8
size: 2411 sq ft
sale price: £520,000
sale date: 25 Jan 2019

Data Sources

The property at Old Chapel Faldingworth Road, Spridlington, Market Rasen, LN8 2DF appears two times in the Land Registry records, with the latest transaction recorded on 19 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 May 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.