The Mill Mill Lane, Middle Rasen, Market Rasen, LN8 3LE is a freehold detached property built between 2007-2011. The property offers approximately 1,378 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 £541,314 , which equates to approximately £393 per square foot. It was last sold on 4 Jul 2024 for £500,000. Since then, the value has increased by £41,314, representing a 8.3% increase, or approximately 5.7% per year.

The current estimated value of £541,314 is:

  • 65.1% higher than the average property price on Mill Lane
  • 68.3% higher than the average in the LN8 3LE postcode area
  • and 136.7% higher than the average price for Market Rasen 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 26 March 2024, the property was recorded as owner-occupied.

View sold house prices in LN8 3LE

Building approximate location

About Property

Type
Detached House
Built
2007-2011
Interior Size
1378 sq ft
Tenure
Freehold
Price (estimate)
£541,314
Price Per sq ft (estimate)
£393
Bedroom Count (estimate)
4 bedrooms

EPC Summary

The Mill Mill Lane, Middle Rasen, Market Rasen, West Lindsey, Lincolnshire, LN8 3LE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Mar 2024.

Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jun 2014, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, wood logs to boiler and underfloor heating, wood logs, changing energy efficiency from average to poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 81% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and underfloor heating, wood logs
Poor
Hot Water
From main system
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN8 3LE

1 st / 14
Price Rank
68% higher than average
7 th / 12
Size Rank
4% smaller than average
1 st / 12
Price Per Sq FT Rank
75% higher than average

Compared to other properties in LN8 3LE , this house's estimated value ranks 1st out of 14. Based on price per square foot, it ranks 1st out of 12 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 7th out of 12 properties in its postcode area.

Sale History

Today
£541,314
streetscan.co.uk estimate
+8 %
4 Jul 2024
£500,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1313 sq ft
sale price: £330,000
sale date: 31 Aug 2018
rooms: 6
size: 1410 sq ft
sale price: £315,000
sale date: 12 Nov 2015
rooms: 5
size: 1328 sq ft
sale price: £147,500
sale date: 27 Aug 2009
rooms:
size: 1421 sq ft
sale price: £365,000
sale date: 17 Mar 2023
rooms: 6
size: 1378 sq ft
sale price: £495,000
sale date: 23 Mar 2021

Data Sources

The property at The Mill Mill Lane, Middle Rasen, Market Rasen, West Lindsey, Lincolnshire, LN8 3LE appears once in the Land Registry records, with the transaction recorded on 4 Jul 2024. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Mar 2024. 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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