13, Wells Drive
13, Wells Drive
Description & Estimates
According to the public record, 13, Wells Drive, Market Rasen is a freehold house that sits on a 436 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 1,054 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 13, Wells Drive, Market Rasen is £250,146 and the estimated rental value is £1,068 per month.
Wells Drive, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
Our Data Sources
13, Wells Drive, Market Rasen has a single entry in the Land Registry from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 13, Wells Drive, Market Rasen is in very good condition we estimate a sale value of £262,653 and a rental value of £1,121 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,635 and a rental value of £993 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 13, Wells Drive, Market Rasen has fallen by £4,282 (1.7%), while its estimated rental value has moved up by £47 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 13, Wells Drive, Market Rasen sits on a plot of 436 m2.
We have plot size data on 21 out of 21 other houses in the postcode and 13, Wells Drive, Market Rasen sits on the 16th largest plot.
Sold Prices
According to HM Land Registry, 13, Wells Drive, Market Rasen was last sold on 15th August 2008 for £153,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2008, the market for similar properties has risen by 33.6%.
- Sold Aug 2008£153,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Wells Drive, Market Rasen within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 4, Wells Drive, Market Rasen, LN8 3EF, a freehold house which sold for £247,500 on the 13th September 2024.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Wells Drive, Market Rasen, LN8 has a total of 21 addresses. According to our analysis of all the public data, 13, Wells Drive, Market Rasen is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in LN8.
More reading links
Schools Nearby
- 1.0kmThe Market Rasen Church of England Primary School
- 2.8kmThe Middle Rasen Primary School
- 3.6kmLegsby Primary School
- 400mDe Aston School
- 12.9kmCaistor Grammar School
- 13.1kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
The closest station to 13, Wells Drive, Market Rasen is Market Rasen station, which is 800 metres away.
- 800mMarket Rasen
- 21.1kmKirton Lindsey
- 21.5kmBrigg
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
