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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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18, Wellesley Close, Market Rasen appears in the public record as a freehold house sitting on a 181 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,089 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 18, Wellesley Close, Market Rasen is £214,286 and its rental estimate is £1,023 per month, given the available information and assuming reasonable condition.
Wellesley Close, Market Rasen, LN8 falls within the LN8 postal district, in the borough of West Lindsey.
18, Wellesley Close, Market Rasen has a single entry in the Land Registry from February 2009 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 3 out of 5 and is considered of medium accuracy.
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 18, Wellesley Close, Market Rasen, we estimate a market value of £225,000 and a rental value of £1,074 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,286 and £951 per month respectively.
Over the last year, 18, Wellesley Close, Market Rasen has seen its estimated sale value decline by £3,669 (1.7%) and its estimated rental value climb by £45 per month (4.4%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 18, Wellesley Close, Market Rasen as measuring 181 m2.
That makes it the 10th largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
The most recent sale of 18, Wellesley Close, Market Rasen completed on 27th February 2009 at £124,000 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 125.1% over the period since February 2009.
Over the past 2 years 3 properties similar to 18, Wellesley Close, Market Rasen have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2025, was 5, The Furlongs, Market Rasen, LN8 3DF, a freehold house which sold for £258,000.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Wellesley Close, Market Rasen, LN8, 18, Wellesley Close, Market Rasen comes out as the largest and the 3rd most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the LN8 district.
From 18, Wellesley Close, Market Rasen, the nearest station is Market Rasen, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, 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 18, 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 18, 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 18, 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 18, 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.
