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According to the public record, 12, Southfields, Market Rasen is a mid-century house with 1,270 ft2 of internal area and sits on a 376 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 12, Southfields, Market Rasen is £279,386 and the estimated rental value is £1,125 per month.
Southfields, Binbrook, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
12, Southfields, Market Rasen has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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.
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 12, Southfields, Market Rasen is in very good condition we estimate a sale value of £293,356 and a rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,829 and a rental value of £1,047 per month.
Over the last 12 months the sale value of 12 Southfields Market Rasen has decreased by an estimated £4,783 (1.7%) and its rental value has increased by an estimated £49 per month (4.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 12, Southfields, Market Rasen sits on a plot of 376m2.
We have plot size data on 14 out of 15 other houses in the postcode and 12, Southfields, Market Rasen sits on the 12th largest plot.
12, Southfields, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Southfields, Market Rasen within a radius of 8.0 kilometres over the last 2 years.
The most recent example is Wold View, Ludford Road, Market Rasen, LN8 6DR, a freehold house which sold for £325,000 on the 30th November 2021.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southfields, Binbrook, Market Rasen, LN8 has a total of 15 addresses. According to our analysis of all the public data, 12, Southfields, Market Rasen is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in LN8.
The closest station to 12, Southfields, Market Rasen is Market Rasen station which is 11.5 kilometres 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 12, Southfields, Market Rasen, 52.5% of property is privately owned outright and 23.7% is privately owned with a mortgage.
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 12, Southfields, Market Rasen, 6.5% of residents are recorded as possessing school level qualifications and 27.0% 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 12, Southfields, Market Rasen, the average age was 48.1 and the most common age was 72.
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 12, Southfields, Market Rasen, 0.0% 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 12, Southfields, Market Rasen, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.