13, Meadow Drive
13, Meadow Drive
Description & Estimates
Public records show 13, Meadow Drive, Market Rasen to be a modern freehold house with 613 ft2 of internal area, sitting on a 387 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
13, Meadow Drive, Market Rasen has an estimated sale value of £186,229 and an estimated rental value of £831 per month, assuming reasonable condition and based on the information available.
Meadow Drive, Binbrook, Market Rasen, LN8 lies in the borough of East Lindsey, within the LN8 postal district.
Our Data Sources
13, Meadow Drive, Market Rasen has 21 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 13, Meadow Drive, Market Rasen would be worth £195,540, with a potential rental value of £873 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £173,193, with a rental value of £773 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 13, Meadow Drive, Market Rasen has declined by £2,166 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £41 (4.9%). The property's estimated gross yield is currently 5.4%.
Plot Size
13, Meadow Drive, Market Rasen occupies a 387 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
13, Meadow Drive, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
13, Meadow Drive, Market Rasen last changed hands on 20th August 2021, selling for £173,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 33.7% since August 2021.
- Sold Aug 2021£173,000
- Sold Aug 1998£53,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.9 kilometres of 13, Meadow Drive, Market Rasen across the last 2 years.
Most recently, 1, Chestnut Way, Market Rasen, LN8 6DD, a freehold house, sold at £179,000 on the 22nd September 2021.
Read more about house prices in LN8.
- Sold Sep 2021£179,000 | 3 Bed House1, Chestnut Way, Market Rasen, LN8 6DD1, Chestnut Way, Market Rasen, LN8 6DD
- Sold May 2021£187,500 | 2 Bed House6, Meadow Drive, Market Rasen, LN8 6DA6, Meadow Drive, Market Rasen, LN8 6DA
- Sold Jun 2014£122,500 | 3 Bed House2, Chestnut Way, Market Rasen, LN8 6DD2, Chestnut Way, Market Rasen, LN8 6DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 13, Meadow Drive, Market Rasen as the 22nd largest and the 22nd most expensive of the 23 addresses on Meadow Drive, Binbrook, Market Rasen, LN8.
Against the LN8 postcode district average, it is £73k less expensive than the typical property.
More reading links
Schools Nearby
- 500mBinbrook CofE Primary School
- 6.1kmEast Ravendale CofE Primary School Academy
- 6.5kmTealby School
- 11.2kmDe Aston School
- 11.7kmCaistor Yarborough Academy
- 12.0kmWaltham Toll Bar Academy
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to 13, Meadow Drive, Market Rasen at 11.8 kilometres away.
- 11.8kmMarket Rasen
- 16.1kmGrimsby Town
- 16.5kmGreat 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.
