2, Burghley Close
2, Burghley Close
Description & Estimates
According to the public record, 2, Burghley Close, Market Rasen is a modern freehold house with 635 ft2 of internal area and sits on a 412 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Burghley Close, Market Rasen is £177,346 and the estimated rental value is £866 per month.
Burghley Close, Nettleton, Market Rasen, LN7 is located in the borough of West Lindsey within the LN7 postal district.
Our Data Sources
2, Burghley Close, Market Rasen has 21 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated July 2017.
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
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 2, Burghley Close, Market Rasen is in very good condition we estimate a sale value of £186,213 and a rental value of £909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,932 and a rental value of £805 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Burghley Close, Market Rasen has moved down by £3,036 (1.7%), while its estimated rental value has increased by £38 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 2, Burghley Close, Market Rasen sits on a plot of 412 m2.
We have plot size data on 10 out of 10 other houses in the postcode and 2, Burghley Close, Market Rasen sits on the 9th largest plot.
Energy Efficiency
2, Burghley Close, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 2, Burghley Close, Market Rasen was last sold on 17th January 2019 for £133,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2019, the market for similar properties has risen by 32.7%.
- Sold Jan 2019£133,000
- Sold Dec 2001£65,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Burghley Close, Market Rasen within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 15, Tennyson Close, Market Rasen, LN7 6NZ, a freehold house which sold for £142,500 on the 7th August 2023.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Burghley Close, Nettleton, Market Rasen, LN7 has a total of 10 addresses. According to our analysis of all the public data, 2, Burghley Close, Market Rasen is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in LN7.
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Schools Nearby
- 300mNettleton Community Primary School
- 1.2kmCaistor CofE and Methodist Primary School
- 5.1kmGrasby All Saints Church of England Primary School
- 1.2kmCaistor Grammar School
- 1.7kmCaistor Yarborough Academy
- 11.6kmDe Aston School
More reading links
Public Transport Nearby
The closest station to 2, Burghley Close, Market Rasen is Barnetby station, which is 11.0 kilometres away.
- 11.0kmBarnetby
- 11.5kmMarket Rasen
- 12.4kmBrigg
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
