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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
According to the public record, 2, Highfield Close, Market Rasen is a modern freehold house with 1,345 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Highfield Close, Market Rasen is £401,598 and the estimated rental value is £1,408 per month.
Highfield Close, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
2, Highfield Close, Market Rasen has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated September 2023.
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.
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, Highfield Close, Market Rasen is in very good condition we estimate a sale value of £421,678 and a rental value of £1,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,486 and a rental value of £1,309 per month.
Over the last 12 months the sale value of 2 Highfield Close Market Rasen has decreased by an estimated £10,572 (2.6%) and its rental value has increased by an estimated £37 per month (2.6%), giving an expected gross yield of 4.2%.
2, Highfield Close, Market Rasen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Highfield Close, Market Rasen was last sold on 26th July 2024 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Highfield Close, Market Rasen within a radius of 930 metres over the last 2 years.
The most recent example is 3, Highfield Close, Market Rasen, LN8 3BF, a freehold house which sold for £455,000 on the 20th October 2023.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield Close, Market Rasen, LN8 has a total of 5 addresses. According to our analysis of all the public data, 2, Highfield Close, Market Rasen is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in LN8.
The closest station to 2, Highfield Close, Market Rasen is Market Rasen station which is 300 metres away.
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 2, Highfield Close, Market Rasen, 39.3% of property is privately owned outright and 25.2% is socially 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 2, Highfield Close, Market Rasen, 17.3% of residents are recorded as possessing school level qualifications and 23.7% 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 2, Highfield 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 2, Highfield Close, Market Rasen, 0.0% 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 2, Highfield Close, Market Rasen, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
