Orchard View Magna Mile, Ludford, Market Rasen, LN8 6AJ is a freehold detached property built between 1983-1990. The property offers approximately 1,206 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 £218,014 , which equates to approximately £181 per square foot. It was last sold on 20 Feb 2023 for £222,500. Since then, the value has decreased by £4,486, representing a 2.0% decrease, or approximately 0.7% per year.

The current estimated value of £218,014 is:

  • 14.9% lower than the average property price on Magna Mile
  • 6.7% lower than the average in the LN8 6AJ postcode area
  • and 4.6% lower 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 27 November 2019, the property was recorded as owner-occupied.

View sold house prices in LN8 6AJ

Building approximate location

About Property

Type
Detached Bungalow
Built
1983-1990
Interior Size
1206 sq ft
Tenure
Freehold
Price (estimate)
£218,014
Price Per sq ft (estimate)
£181
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Orchard View Magna Mile, Ludford, Market Rasen, East Lindsey, Lincolnshire, LN8 6AJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Nov 2019.

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 21 Jan 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 20.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to poor, while the heating system type remained the same (boiler and radiators, oil).
  • The hot water energy efficiency changing from good to poor, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 250mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 16% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, oil
Poor
Hot Water
From main system
Poor
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to LN8 6AJ

9 th / 31
Price Rank
7% lower than average
10 th / 21
Size Rank
8% bigger than average
9 th / 21
Price Per Sq FT Rank
13% lower than average

Compared to other properties in LN8 6AJ , this bungalow's estimated value ranks 9th out of 31. Based on price per square foot, it ranks 9th out of 21 properties. In terms of size, this home ranks 10th out of 21 properties in its postcode area.

Sale History

Today
£218,014
streetscan.co.uk estimate
-2 %
20 Feb 2023
£222,500
Leasehold
+6 %
17 Sep 2021
£210,000
Leasehold
+55.6 %
17 Jun 2010
£135,000
Leasehold
+87.5 %
21 Sep 2000
£72,000
Leasehold
+4.3 %
11 Feb 2000
£69,000
Leasehold
+8.2 %
30 Jun 1998
£63,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1184 sq ft
sale price: £182,500
sale date: 21 Aug 2015
rooms: 5
size: 1257 sq ft
sale price: £178,800
sale date: 28 Jun 2006
rooms: 5
size: 1087 sq ft
sale price: £240,000
sale date: 4 Dec 2023
rooms: 5
size: 1347 sq ft
sale price: £86,000
sale date: 30 Aug 1996

Data Sources

The property at Orchard View Magna Mile, Ludford, Market Rasen, LN8 6AJ appears six times in the Land Registry records, with the latest transaction recorded on 20 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Nov 2019. 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.