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By comparing it to neighbours, we estimate that it is a modern house with 1,762 ft2 of internal area and sits on a 816 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Springfields, Market Rasen is £448,650 and the estimated rental value is £1,516 per month.
Springfields, Tealby, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
17, Springfields, Market Rasen has 21 entries in the Land Registry , most recently in June 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 2 out of 5 and is considered of medium accuracy.
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 17, Springfields, Market Rasen is in very good condition we estimate a sale value of £471,082 and a rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,244 and a rental value of £1,410 per month.
Over the last 12 months the sale value of 17 Springfields Market Rasen has decreased by an estimated £11,811 (2.6%) and its rental value has increased by an estimated £40 per month (2.6%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 17, Springfields, Market Rasen sits on a plot of 816m2.
We have plot size data on 15 out of 16 other houses in the postcode and 17, Springfields, Market Rasen sits on the 11th largest plot.
According to HM Land Registry, 17, Springfields, Market Rasen was last sold on 27th June 2008 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2008, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Springfields, Market Rasen within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 4, Springfields, Market Rasen, LN8 3XP, a freehold house which sold for £495,000 on the 23rd January 2023.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfields, Tealby, Market Rasen, LN8 has a total of 16 addresses. According to our analysis of all the public data, 17, Springfields, Market Rasen is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in LN8.
The closest station to 17, Springfields, Market Rasen is Market Rasen station which is 4.5 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 17, Springfields, Market Rasen, 58.7% of property is privately owned outright and 25.4% is privately owned with a mortgage.
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 17, Springfields, Market Rasen, 12.5% of residents are recorded as possessing school level qualifications and 43.9% 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 17, Springfields, 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 17, Springfields, Market Rasen, 1.4% 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 17, Springfields, Market Rasen, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.