Paramount Main Street, Bishop Norton, Market Rasen, LN8 2BE is a freehold detached property built between 1967-1975. The property offers approximately 1,281 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 £353,007 , which equates to approximately £276 per square foot. It was last sold on 6 Dec 2017 for £275,000. Since then, the value has increased by £78,007, representing a 28.4% increase, or approximately 3.5% per year.

The current estimated value of £353,007 is:

  • 22.8% higher than the average property price on Main Street
  • 3.7% lower than the average in the LN8 2BE postcode area
  • and 61.6% 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 12 September 2017, the property was recorded as owner-occupied.

View sold house prices in LN8 2BE

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
1281 sq ft
Tenure
Freehold
Price (estimate)
£353,007
Price Per sq ft (estimate)
£276
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Paramount Main Street, Bishop Norton, Market Rasen, West Lindsey, Lincolnshire, LN8 2BE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Sep 2017.

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 17 Oct 2014, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 22.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from very poor 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 good.
  • The lighting was updated from no low energy lighting to low energy lighting in 54% 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, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 54% of fixed outlets
Good

Compared to LN8 2BE

8 th / 12
Price Rank
4% lower than average
6 th / 7
Size Rank
26% smaller than average
1 st / 7
Price Per Sq FT Rank
30% higher than average

Compared to other properties in LN8 2BE , this bungalow's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 1st out of 7 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 6th out of 7 properties in its postcode area.

Sale History

Today
£353,007
streetscan.co.uk estimate
+28 %
6 Dec 2017
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1464 sq ft
sale price: £168,000
sale date: 6 Dec 2017
rooms: 7
size: 1141 sq ft
sale price: £162,500
sale date: 4 Jul 2014
rooms: 5
size: 1302 sq ft
sale price: £67,500
sale date: 2 Mar 1999
rooms: 5
size: 1227 sq ft
sale price: £250,000
sale date: 14 Oct 2022
rooms: 6
size: 1464 sq ft
sale price: £253,000
sale date: 28 Apr 2020

Data Sources

The property at Paramount Main Street, Bishop Norton, Market Rasen, West Lindsey, Lincolnshire, LN8 2BE appears once in the Land Registry records, with the transaction recorded on 6 Dec 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Sep 2017. 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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