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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, 3, Paddock Mews, Market Rasen is a modern freehold house with 462 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Paddock Mews, Market Rasen is £134,151 and the estimated rental value is £677 per month.
Paddock Mews, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
3, Paddock Mews, Market Rasen has 3 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, Paddock Mews, Market Rasen is in very good condition we estimate a sale value of £140,859 and a rental value of £711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,761 and a rental value of £629 per month.
Over the last 12 months the sale value of 3 Paddock Mews Market Rasen has decreased by an estimated £1,560 (1.2%) and its rental value has increased by an estimated £33 per month (4.9%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 3, Paddock Mews, Market Rasen sits on a plot of 128m2.
We have plot size data on 3 out of 5 other houses in the postcode and 3, Paddock Mews, Market Rasen sits on the 2nd largest plot.
3, Paddock Mews, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Paddock Mews, Market Rasen was last sold on 16th March 2016 for £100,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2016, the market for similar properties has risen 60.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Paddock Mews, Market Rasen within a radius of 770 metres over the last 2 years.
The most recent example is 4, Paddock Mews, Market Rasen, LN8 3PG, a freehold house which sold for £79,000 on the 6th November 2020.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Mews, Market Rasen, LN8 has a total of 5 addresses. According to our analysis of all the public data, 3, Paddock Mews, Market Rasen is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in LN8.
The closest station to 3, Paddock Mews, Market Rasen is Market Rasen station which is 600 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 3, Paddock Mews, Market Rasen, 37.2% of property is privately owned outright and 36.7% is privately owned with a mortgage.
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 3, Paddock Mews, Market Rasen, 16.0% of residents are recorded as possessing school level qualifications and 26.9% 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 3, Paddock Mews, 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 3, Paddock Mews, Market Rasen, 1.0% 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 3, Paddock Mews, Market Rasen, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
