3, Hoe Drive
3, Hoe Drive
Description & Estimates
Public records show 3, Hoe Drive, Market Rasen to be a modern freehold house with 753 ft2 of internal area, sitting on a 121 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Hoe Drive, Market Rasen has an estimated sale value of £141,013 and an estimated rental value of £810 per month, assuming reasonable condition and based on the information available.
Hoe Drive, Market Rasen, LN8 lies in the borough of West Lindsey, within the LN8 postal district.
Our Data Sources
3, Hoe Drive, Market Rasen has 21 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated November 2012.
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 3, Hoe Drive, Market Rasen would be worth £148,063, with a potential rental value of £851 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £131,142, with a rental value of £754 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Hoe Drive, Market Rasen has dropped by £2,414 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (4.4%). The property's estimated gross yield is currently 6.9%.
Plot Size
3, Hoe Drive, Market Rasen occupies a 121 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
3, Hoe Drive, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Hoe Drive, Market Rasen last changed hands on 11th March 2013, selling for £96,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 58.7% since March 2013.
- Sold Mar 2013£96,000
- Sold Sep 2005£97,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 3, Hoe Drive, Market Rasen across the last 2 years.
Most recently, 1, Hoe Drive, Market Rasen, LN8 3DJ, a freehold house, sold at £155,000 on the 3rd November 2022.
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
Our analysis of the public data ranks 3, Hoe Drive, Market Rasen as the 11th largest and the 14th most expensive of the 15 addresses on Hoe Drive, Market Rasen, LN8.
Against the LN8 postcode district average, it is £118k less expensive than the typical property.
More reading links
Schools Nearby
- 800mThe Market Rasen Church of England Primary School
- 2.1kmThe Middle Rasen Primary School
- 4.6kmOsgodby Primary School
- 1.0kmDe Aston School
- 11.7kmCaistor Grammar School
- 11.9kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to 3, Hoe Drive, Market Rasen at 800 metres away.
- 800mMarket Rasen
- 20.1kmKirton Lindsey
- 20.2kmBrigg
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
