1, Underhill Close
1, Underhill Close
Description & Estimates
The public record describes 1, Underhill Close, Market Rasen as a mid-century house with 882 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Underhill Close, Market Rasen has an estimated sale value of £167,091 and an estimated rental value of £902 per month, assuming reasonable condition and based on the information available.
Underhill Close, Nettleton, Market Rasen, LN7 lies in the borough of West Lindsey, within the LN7 postal district.
Our Data Sources
1, Underhill Close, Market Rasen has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Underhill Close, Market Rasen would be worth £175,446, with a potential rental value of £947 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £155,395, with a rental value of £839 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, Underhill Close, Market Rasen has moved down by £2,861 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £39 (4.4%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
1, Underhill Close, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.5 kilometres of 1, Underhill Close, Market Rasen across the last 2 years.
Most recently, 6, Draycot, Market Rasen, LN7 6AD, a freehold house, sold at £180,000 on the 29th October 2024.
Read more about house prices in LN7.
•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, Underhill Close, Market Rasen as the 3rd largest and the 3rd most expensive of the 7 addresses on Underhill Close, Nettleton, Market Rasen, LN7.
Against the LN7 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 300mNettleton Community Primary School
- 1.7kmCaistor CofE and Methodist Primary School
- 5.3kmGrasby All Saints Church of England Primary School
- 1.7kmCaistor Grammar School
- 2.2kmCaistor Yarborough Academy
- 11.3kmDe Aston School
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Public Transport Nearby
Barnetby station is the nearest stop to 1, Underhill Close, Market Rasen at 11.1 kilometres away.
- 11.1kmBarnetby
- 11.1kmMarket Rasen
- 12.3kmBrigg
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
