39, The Ridings
39, The Ridings
Description & Estimates
39, The Ridings, Market Rasen is recorded publicly as a modern freehold house across 1,001 ft2 of internal area, sitting on a 465 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 39, The Ridings, Market Rasen is £271,396 and its rental estimate is £1,048 per month, given the available information and assuming reasonable condition.
The Ridings, Market Rasen, LN8 falls within the LN8 postal district, in the borough of West Lindsey.
Our Data Sources
39, The Ridings, Market Rasen has 31 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 39, The Ridings, Market Rasen, we estimate a market value of £284,966 and a rental value of £1,101 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £252,398 and £975 per month respectively.
Recent Market Change
Over the last year, 39, The Ridings, Market Rasen has seen its estimated sale value move down by £4,646 (1.7%) and its estimated rental value increase by £46 per month (4.4%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 39, The Ridings, Market Rasen as measuring 465 m2.
That makes it the 28th largest plot in the postcode, where 64 of the 66 other houses have recorded plot data.
Energy Efficiency
39, The Ridings, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2016.
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 39, The Ridings, Market Rasen completed on 27th May 2022 at £279,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 12.0% over the period since May 2022.
- Sold May 2022£279,950
- Sold Jun 2016£190,000
- Sold May 2005£223,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, The Ridings, Market Rasen have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th May 2024, was 31, Derby Close, Market Rasen, LN8 3GB, a freehold house which sold for £240,000.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 66 addresses on The Ridings, Market Rasen, LN8, 39, The Ridings, Market Rasen comes out as the 23rd largest and the 18th most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- 900mThe Market Rasen Church of England Primary School
- 2.7kmThe Middle Rasen Primary School
- 3.8kmLegsby Primary School
- 400mDe Aston School
- 12.8kmCaistor Grammar School
- 13.0kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
From 39, The Ridings, Market Rasen, the nearest station is Market Rasen, 600 metres away.
- 600mMarket Rasen
- 21.0kmKirton Lindsey
- 21.4kmBrigg
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.
