1, Spring Bank
1, Spring Bank
Description & Estimates
Public records show 1, Spring Bank, Market Rasen to be a mid-century freehold house with 289 ft2 of internal area, sitting on a 520 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
1, Spring Bank, Market Rasen has an estimated sale value of £94,326 and an estimated rental value of £510 per month, assuming reasonable condition and based on the information available.
Spring Bank, Binbrook, Market Rasen, LN8 lies in the borough of East Lindsey, within the LN8 postal district.
Our Data Sources
1, Spring Bank, Market Rasen has a single entry in the Land Registry from April 2010 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Spring Bank, Market Rasen would be worth £99,042, with a potential rental value of £535 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £87,723, with a rental value of £474 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Spring Bank, Market Rasen has decreased by £1,097 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (4.9%). The property's estimated gross yield is currently 6.5%.
Plot Size
1, Spring Bank, Market Rasen occupies a 520 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
1, Spring Bank, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Spring Bank, Market Rasen last changed hands on 28th April 2010, selling for £135,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 78.9% since April 2010.
- Sold Apr 2010£135,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 8.0 kilometres of 1, Spring Bank, Market Rasen across the last 2 years.
Most recently, 4, Spring Bank, Market Rasen, LN8 6DF, a freehold house, sold at £140,000 on the 28th November 2024.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Spring Bank, Market Rasen as the 15th largest and the 15th most expensive of the 15 addresses on Spring Bank, Binbrook, Market Rasen, LN8.
Against the LN8 postcode district average, it is £165k less expensive than the typical property.
More reading links
Schools Nearby
- 500mBinbrook CofE Primary School
- 6.2kmTealby School
- 6.5kmEast Ravendale CofE Primary School Academy
- 10.9kmDe Aston School
- 11.8kmCaistor Yarborough Academy
- 12.2kmCaistor Grammar School
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to 1, Spring Bank, Market Rasen at 11.5 kilometres away.
- 11.5kmMarket Rasen
- 16.4kmGrimsby Town
- 16.9kmGreat Coates
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
