Our Data Sources
16, Nerva Drive, Market Rasen has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Nerva Drive, Market Rasen, we estimate a market value of £269,513 and a rental value of £1,263 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,711 and £1,119 per month respectively.
Plot Size
HM Land Registry records the plot of land for 16, Nerva Drive, Market Rasen as measuring 297 m2.
That makes it the largest plot in the postcode, where 13 of the 17 other houses have recorded plot data.
Energy Efficiency
16, Nerva Drive, Market Rasen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Nerva Drive, Market Rasen completed on 9th December 2020 at £260,000 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 34.4% over the period since December 2020.
- Sold Dec 2020£260,000
Similar Properties Sold Nearby
Over the past 2 years 42 properties similar to 16, Nerva Drive, Market Rasen have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 7, Marcus Walk, Market Rasen, LN7 6GT, a freehold house which sold for £284,500.
Read more about house prices in LN7.
- Sold Aug 2024£284,500 | 4 Bed House7, Marcus Walk, Market Rasen, LN7 6GT7, Marcus Walk, Market Rasen, LN7 6GT
- Sold Jun 2022£275,000 | 4 Bed House6, Marcus Walk, Market Rasen, LN7 6GT6, Marcus Walk, Market Rasen, LN7 6GT
- Sold Dec 2020£260,000 | 4 Bed House12, Nerva Drive, Market Rasen, LN7 6GU12, Nerva Drive, Market Rasen, LN7 6GU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on Nerva Drive, Caistor, Market Rasen, LN7, 16, Nerva Drive, Market Rasen comes out as the largest and the most expensive in our analysis of the public data.
It is also £5k less expensive than the average property across the LN7 district.
More reading links
Schools Nearby
- Nettleton Community Primary School1.4 km away
- Caistor CofE and Methodist Primary School1.7 km away
- Grasby All Saints Church of England Primary School3.9 km away
- Caistor Grammar School1.4 km away
- Caistor Yarborough Academy2.0 km away
- Sir John Nelthorpe School11.7 km away
More reading links
Public Transport Nearby
- Barnetby|9.7 km away
- Brigg|11.2 km away
- Market Rasen|12.5 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
