Our Data Sources
4, Lucas Way, Market Rasen has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 4, Lucas Way, Market Rasen, we estimate a market value of £308,021 and a rental value of £1,231 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £272,819 and £1,090 per month respectively.
Energy Efficiency
4, Lucas Way, Market Rasen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Lucas Way, Market Rasen completed on 28th April 2023 at £299,950 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 4.9% over the period since April 2023.
- Sold Apr 2023£299,950
Similar Properties Sold Nearby
Over the past 2 years 78 properties similar to 4, Lucas Way, Market Rasen have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th April 2024, was 6, Lucas Way, Market Rasen, LN8 3ZB, a freehold house which sold for £324,950.
Read more about house prices in LN8.
- Sold Apr 2024£324,950 | 3 Bed House6, Lucas Way, Market Rasen, LN8 3ZB6, Lucas Way, Market Rasen, LN8 3ZB
- Sold Sep 2023£319,950 | 3 Bed House15, Southwold Road, Market Rasen, LN8 3WJ15, Southwold Road, Market Rasen, LN8 3WJ
- Sold Dec 2022£289,950 | 3 Bed House10, Southwold Road, Market Rasen, LN8 3WJ10, Southwold Road, Market Rasen, LN8 3WJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Lucas Way, Market Rasen, LN8, 4, Lucas Way, Market Rasen comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £32k more expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- The Market Rasen Church of England Primary School1.1 km away
- The Middle Rasen Primary School2.0 km away
- Osgodby Primary School4.1 km away
- De Aston School1.5 km away
- Caistor Grammar School11.3 km away
- Caistor Yarborough Academy11.5 km away
More reading links
Public Transport Nearby
- Market Rasen|1.2 km away
- Kirton Lindsey|19.8 km away
- Brigg|19.8 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
