Our Data Sources
2, Otter Close, Market Rasen has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated November 2024.
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.
Price Range & Condition
In very good condition, we estimate 2, Otter Close, Market Rasen would be worth £518,323, with a potential rental value of £1,790 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £459,086, with a rental value of £1,585 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
2, Otter Close, Market Rasen has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 26 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
2, Otter Close, Market Rasen last changed hands on 6th December 2024, selling for £530,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 17.0% since December 2024.
- Sold Dec 2024£530,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 2, Otter Close, Market Rasen across the last 2 years.
Most recently, 3, Otter Close, Market Rasen, LN8 3ZJ, a freehold house, sold at £495,000 on the 21st February 2025.
Read more about house prices in LN8.
- Sold Feb 2025£495,000 | 4 Bed House3, Otter Close, Market Rasen, LN8 3ZJ3, Otter Close, Market Rasen, LN8 3ZJ
- Sold Dec 2023£465,000 | 4 Bed House3, Lily Pad Crescent, Market Rasen, LN8 3ZN3, Lily Pad Crescent, Market Rasen, LN8 3ZN
- Sold Sep 2023£465,000 | 4 Bed House2, Lily Pad Crescent, Market Rasen, LN8 3ZN2, Lily Pad Crescent, Market Rasen, LN8 3ZN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Otter Close, Market Rasen as the 3rd largest and the 2nd most expensive of the 3 addresses on Otter Close, Market Rasen, LN8.
Against the LN8 postcode district average, it is £234k more expensive than the typical property.
More reading links
Schools Nearby
- 1.6kmThe Market Rasen Church of England Primary School
- 3.4kmThe Middle Rasen Primary School
- 3.8kmLegsby Primary School
- 700mDe Aston School
- 12.3kmCaistor Grammar School
- 12.4kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
- 1.5kmMarket Rasen
- 21.4kmBrigg
- 21.5kmKirton Lindsey
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
