The Bungalow Market Rasen Road, Welton Hill, Lincoln, LN2 3RD is a freehold detached property built between 1950-1966. The property offers approximately 1,507 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £263,742 , which equates to approximately £175 per square foot. It was last sold on 7 Oct 2013 for £160,000. Since then, the value has increased by £103,742, representing a 64.8% increase, or approximately 5.3% per year.

The current estimated value of £263,742 is:

  • 48.7% lower than the average property price on Market Rasen Road
  • 13.2% lower than the average in the LN2 3RD postcode area
  • and 14.7% higher than the average price for Lincoln as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 17 November 2021, the property was recorded as owner-occupied.

View sold house prices in LN2 3RD

Building approximate location

About Property

Type
Detached House
Built
1950-1966
Interior Size
1507 sq ft
Tenure
Freehold
Price (estimate)
£263,742
Price Per sq ft (estimate)
£175
Bedroom Count (estimate)
5 bedrooms

EPC Summary

The Bungalow Market Rasen Road, Welton Hill, Lincoln, West Lindsey, Lincolnshire, LN2 3RD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Nov 2021.

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 28 Oct 2015. The rating of D is unchanged, though the energy efficiency score decreased by 9.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 21% of fixed outlets to low energy lighting in 84% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 84% of fixed outlets
Very Good

Compared to LN2 3RD

8 th / 11
Price Rank
13% lower than average
6 th / 7
Size Rank
7% smaller than average
6 th / 7
Price Per Sq FT Rank
7% lower than average

Compared to other properties in LN2 3RD , this house's estimated value ranks 8th out of 11. Based on price per square foot, it ranks 6th out of 7 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 6th out of 7 properties in its postcode area.

Sale History

Today
£263,742
streetscan.co.uk estimate
+65 %
7 Oct 2013
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1636 sq ft
sale price: £687,500
sale date: 22 Aug 2022

Data Sources

The property at The Bungalow Market Rasen Road, Welton Hill, Lincoln, West Lindsey, Lincolnshire, LN2 3RD appears once in the Land Registry records, with the transaction recorded on 7 Oct 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Nov 2021. 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.