The Old Workshop Louth Road, East Barkwith, Market Rasen, LN8 5RX is a freehold detached property built in 2021. The property offers approximately 1,604 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 £389,115 , which equates to approximately £243 per square foot. It was last sold on 24 Sep 2021 for £350,000. Since then, the value has increased by £39,115, representing a 11.2% increase, or approximately 2.7% per year.

The current estimated value of £389,115 is:

  • 23.4% higher than the average property price on Louth Road
  • 31.5% higher than the average in the LN8 5RX postcode area
  • and 78.2% 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 4 April 2023, the property was recorded as owner-occupied.

View sold house prices in LN8 5RX

Building approximate location

About Property

Type
Detached House
Built
2021
Interior Size
1604 sq ft
Tenure
Freehold
Price (estimate)
£389,115
Price Per sq ft (estimate)
£243
Bedroom Count (estimate)
5 bedrooms

EPC Summary

The Old Workshop Louth Road, East Barkwith, Market Rasen, East Lindsey, Lincolnshire, LN8 5RX has an Energy Performance Certificate (EPC) rating of A, based on the latest assessment carried out on 4 Apr 2023.

This property is heated by an air source heat pump and underfloor heating. Hot water is provided from main heating system. The windows are high performance glazing.

The previous EPC assessment was conducted on 16 Sep 2021, when the property was rated B. Since then, the rating has improved to A, with the energy efficiency score increasing by 21.7%.

Heating Type
Air source heat pump, underfloor, electric
Average
Hot Water
From main system
Average
Floor
Average thermal transmittance 0.16 W/m-¦K
Very Good
Roof
Average thermal transmittance 0.13 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.27 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN8 5RX

3 rd / 12
Price Rank
31% higher than average
2 nd / 5
Size Rank
15% bigger than average
1 st / 5
Price Per Sq FT Rank
15% higher than average

Compared to other properties in LN8 5RX , this house's estimated value ranks 3rd out of 12. Based on price per square foot, it ranks 1st out of 5 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 2nd out of 5 properties in its postcode area.

Sale History

Today
£389,115
streetscan.co.uk estimate
+11 %
24 Sep 2021
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 1475 sq ft
sale price: £115,000
sale date: 19 Jun 2020
rooms: 7
size: 1625 sq ft
sale price: £457,500
sale date: 25 Nov 2024
rooms:
size: 1604 sq ft
sale price: £390,000
sale date: 31 May 2023
rooms:
size: 1808 sq ft
sale price: £444,000
sale date: 21 Oct 2022
rooms: 6
size: 1399 sq ft
sale price: £263,000
sale date: 5 Feb 2021

Data Sources

The property at The Old Workshop Louth Road, East Barkwith, Market Rasen, East Lindsey, Lincolnshire, LN8 5RX appears once in the Land Registry records, with the transaction recorded on 24 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Apr 2023. 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.