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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Wellesley Close, Market Rasen is a modern freehold house with 742 ft2 of internal area and sits on a 573 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Wellesley Close, Market Rasen is £232,640 and the estimated rental value is £939 per month.
Wellesley Close, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
1, Wellesley Close, Market Rasen has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Wellesley Close, Market Rasen is in very good condition we estimate a sale value of £244,272 and a rental value of £986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,355 and a rental value of £873 per month.
Over the last 12 months the sale value of 1 Wellesley Close Market Rasen has decreased by an estimated £3,983 (1.7%) and its rental value has increased by an estimated £41 per month (4.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 1, Wellesley Close, Market Rasen sits on a plot of 573m2.
We have plot size data on 11 out of 15 other houses in the postcode and 1, Wellesley Close, Market Rasen sits on the largest plot.
1, Wellesley Close, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Wellesley Close, Market Rasen was last sold on 4th April 2022 for £222,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has risen 44.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Wellesley Close, Market Rasen within a radius of 860 metres over the last 2 years.
The most recent example is 1, The Pound, Market Rasen, LN8 3FR, a freehold house which sold for £210,000 on the 18th March 2026.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellesley Close, Market Rasen, LN8 has a total of 15 addresses. According to our analysis of all the public data, 1, Wellesley Close, Market Rasen is the 6th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in LN8.
The closest station to 1, Wellesley Close, Market Rasen is Market Rasen station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Wellesley Close, Market Rasen, 47.9% of property is privately owned outright and 24.3% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Wellesley Close, Market Rasen, 12.6% of residents are recorded as possessing school level qualifications and 33.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Wellesley Close, Market Rasen, the average age was 47 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Wellesley Close, Market Rasen, 0.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Wellesley Close, Market Rasen, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
