Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Public records show 14, Wellesley Close, Market Rasen to be a modern freehold house with 748 ft2 of internal area, sitting on a 304 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
14, Wellesley Close, Market Rasen has an estimated sale value of £172,725 and an estimated rental value of £876 per month, assuming reasonable condition and based on the information available.
Wellesley Close, Market Rasen, LN8 lies in the borough of West Lindsey, within the LN8 postal district.
14, Wellesley Close, Market Rasen has 71 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated June 2009.
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.
In very good condition, we estimate 14, Wellesley Close, Market Rasen would be worth £181,361, with a potential rental value of £919 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,634, with a rental value of £814 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 14, Wellesley Close, Market Rasen has decreased by £2,957 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £38 (4.4%). The property's estimated gross yield is currently 6.1%.
14, Wellesley Close, Market Rasen occupies a 304 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 6th largest.
14, Wellesley Close, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
14, Wellesley Close, Market Rasen last changed hands on 28th March 2018, selling for £136,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 7 times since 1995.
The market for similar properties has risen by 89.3% since March 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 14, Wellesley Close, Market Rasen across the last 2 years.
Most recently, 15, Lancaster Drive, Market Rasen, LN8 3GX, a freehold house, sold at £152,000 on the 15th July 2024.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 14, Wellesley Close, Market Rasen as the 4th largest and the 7th most expensive of the 15 addresses on Wellesley Close, Market Rasen, LN8.
Against the LN8 postcode district average, it is £87k less expensive than the typical property.
Market Rasen station is the nearest stop to 14, Wellesley Close, Market Rasen at 700 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, 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 14, 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 14, 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 14, 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 14, 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.
