Our Data Sources
3, Otter Close, Market Rasen has a single entry in the Land Registry from February 2025 and a single entry in the EPC database dated January 2025.
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
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 3, Otter Close, Market Rasen, we estimate a market value of £502,207 and a rental value of £1,752 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,812 and £1,552 per month respectively.
Energy Efficiency
3, Otter Close, Market Rasen has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 14 Jan 2025.
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
The most recent sale of 3, Otter Close, Market Rasen completed on 21st February 2025 at £495,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.5% over the period since February 2025.
- Sold Feb 2025£495,000
Similar Properties Sold Nearby
Over the past 2 years 12 properties similar to 3, Otter Close, Market Rasen have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2025, was 26, Forest Way, Market Rasen, LN8 3ZH, a freehold house which sold for £450,000.
Read more about house prices in LN8.
- Sold Jan 2025£450,000 | 4 Bed House26, Forest Way, Market Rasen, LN8 3ZH26, Forest Way, Market Rasen, LN8 3ZH
- Sold Dec 2024£530,000 | 4 Bed House2, Otter Close, Market Rasen, LN8 3ZJ2, Otter Close, Market Rasen, LN8 3ZJ
- Sold Sep 2023£475,000 | 4 Bed House1, Forest Way, Market Rasen, LN8 3ZH1, Forest Way, Market Rasen, LN8 3ZH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on Otter Close, Market Rasen, LN8, 3, Otter Close, Market Rasen comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £217k more expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- The Market Rasen Church of England Primary School1.6 km away
- The Middle Rasen Primary School3.4 km away
- Legsby Primary School3.8 km away
- De Aston School700 m away
- Caistor Grammar School12.3 km away
- Caistor Yarborough Academy12.4 km away
More reading links
Public Transport Nearby
- Market Rasen|1.5 km away
- Brigg|21.4 km away
- Kirton Lindsey|21.5 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
