Our Data Sources
1, Derby Close, Market Rasen has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Derby Close, Market Rasen, we estimate a market value of £266,459 and a rental value of £1,107 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,007 and £980 per month respectively.
Energy Efficiency
1, Derby Close, Market Rasen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
Sold Prices
The most recent sale of 1, Derby Close, Market Rasen completed on 7th June 2024 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.3% over the period since June 2024.
- Sold Jun 2024£280,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Derby Close, Market Rasen have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2024, was 11, Derby Close, Market Rasen, LN8 3GB, a freehold house which sold for £270,000.
Read more about house prices in LN8.
- Sold Jul 2024£270,000 | 3 Bed House11, Derby Close, Market Rasen, LN8 3GB11, Derby Close, Market Rasen, LN8 3GB
- Sold Jun 2023£279,950 | 3 Bed House1, Aintree Drive, Market Rasen, LN8 3GA1, Aintree Drive, Market Rasen, LN8 3GA
- Sold Apr 2023£280,000 | 3 Bed House15, Aintree Drive, Market Rasen, LN8 3GA15, Aintree Drive, Market Rasen, LN8 3GA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Derby Close, Market Rasen, LN8, 1, Derby Close, Market Rasen comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- 1.0kmThe Market Rasen Church of England Primary School
- 2.8kmThe Middle Rasen Primary School
- 3.6kmLegsby Primary School
- 500mDe Aston School
- 13.0kmCaistor Grammar School
- 13.2kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
- 800mMarket Rasen
- 21.1kmKirton Lindsey
- 21.6kmBrigg
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
