20, Wells Drive
20, Wells Drive
Description & Estimates
20, Wells Drive, Market Rasen is recorded publicly as a modern freehold house across 775 ft2 of internal area, sitting on a 423 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 20, Wells Drive, Market Rasen is £213,495 and its rental estimate is £958 per month, given the available information and assuming reasonable condition.
Wells Drive, Market Rasen, LN8 falls within the LN8 postal district, in the borough of West Lindsey.
Our Data Sources
20, Wells Drive, Market Rasen has 31 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 20, Wells Drive, Market Rasen, we estimate a market value of £224,170 and a rental value of £1,005 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,551 and £891 per month respectively.
Recent Market Change
Over the last year, 20, Wells Drive, Market Rasen has seen its estimated sale value decline by £3,655 (1.7%) and its estimated rental value climb by £42 per month (4.4%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 20, Wells Drive, Market Rasen as measuring 423 m2.
That makes it the 17th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
20, Wells Drive, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 20, Wells Drive, Market Rasen completed on 24th August 2020 at £157,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 1.5% over the period since August 2020.
- Sold Aug 2020£157,000
- Sold Mar 2016£157,500
- Sold Jan 2005£136,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, Wells Drive, Market Rasen have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th March 2026, was 15, The Ridings, Market Rasen, LN8 3EE, a freehold house which sold for £225,000.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Wells Drive, Market Rasen, LN8, 20, Wells Drive, Market Rasen comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £46k less expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- 1.0kmThe Market Rasen Church of England Primary School
- 2.8kmThe Middle Rasen Primary School
- 3.6kmLegsby Primary School
- 400mDe Aston School
- 12.9kmCaistor Grammar School
- 13.1kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
From 20, Wells Drive, Market Rasen, the nearest station is Market Rasen, 800 metres away.
- 800mMarket Rasen
- 21.1kmKirton Lindsey
- 21.5kmBrigg
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
