16, Meadow Drive
16, Meadow Drive
Description & Estimates
16, Meadow Drive, Market Rasen is recorded publicly as a modern freehold house across 979 ft2 of internal area, sitting on a 670 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Meadow Drive, Market Rasen is £224,123 and its rental estimate is £1,027 per month, given the available information and assuming reasonable condition.
Meadow Drive, Binbrook, Market Rasen, LN8 falls within the LN8 postal district, in the borough of East Lindsey.
Our Data Sources
16, Meadow Drive, Market Rasen has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated September 2016.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Meadow Drive, Market Rasen, we estimate a market value of £235,329 and a rental value of £1,078 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,434 and £955 per month respectively.
Recent Market Change
Over the last year, 16, Meadow Drive, Market Rasen has seen its estimated sale value move down by £3,837 (1.7%) and its estimated rental value increase by £45 per month (4.4%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 16, Meadow Drive, Market Rasen as measuring 670 m2.
That makes it the 3rd largest plot in the postcode, where 22 of the 23 other houses have recorded plot data.
Energy Efficiency
16, Meadow Drive, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Meadow Drive, Market Rasen completed on 26th June 2017 at £174,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 35.9% over the period since June 2017.
- Sold Jun 2017£174,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Meadow Drive, Market Rasen have sold within a radius of 7.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was 11, Rectory Close, Market Rasen, LN8 6EA, a freehold house which sold for £240,000.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 23 addresses on Meadow Drive, Binbrook, Market Rasen, LN8, 16, Meadow Drive, Market Rasen comes out as the 13th largest and the 15th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the LN8 district.
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
From 16, Meadow Drive, Market Rasen, the nearest station is Market Rasen, 11.8 kilometres away.
- 11.8kmMarket Rasen
- 16.1kmGrimsby Town
- 16.5kmGreat Coates
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
