4, Hoe Drive
4, Hoe Drive
Description & Estimates
According to the public record, 4, Hoe Drive, Market Rasen is a modern freehold house with 753 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Hoe Drive, Market Rasen is £141,013 and the estimated rental value is £810 per month.
Hoe Drive, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
Our Data Sources
4, Hoe Drive, Market Rasen has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated May 2019.
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
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 4, Hoe Drive, Market Rasen is in very good condition we estimate a sale value of £148,063 and a rental value of £851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,142 and a rental value of £754 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Hoe Drive, Market Rasen has fallen by £2,414 (1.7%), while its estimated rental value has moved up by £35 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Plot Size
According to data from HM Land Registry, 4, Hoe Drive, Market Rasen sits on a plot of 152 m2.
We have plot size data on 11 out of 15 other houses in the postcode and 4, Hoe Drive, Market Rasen sits on the 7th largest plot.
Energy Efficiency
4, Hoe Drive, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Hoe Drive, Market Rasen was last sold on 19th August 2022 for £162,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has dropped by 6.5%.
- Sold Aug 2022£162,500
- Sold Sep 2019£120,500
- Sold Oct 2005£100,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Hoe Drive, Market Rasen within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 15, Lancaster Drive, Market Rasen, LN8 3GX, a freehold house which sold for £152,000 on the 15th July 2024.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Hoe Drive, Market Rasen, LN8 has a total of 15 addresses. According to our analysis of all the public data, 4, Hoe Drive, Market Rasen is the 10th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in LN8.
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
The closest station to 4, Hoe Drive, Market Rasen is Market Rasen station, which is 800 metres away.
- 800mMarket Rasen
- 20.1kmKirton Lindsey
- 20.2kmBrigg
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
