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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
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Public records show 4, Spring Bank, Market Rasen to be an early-century freehold house with 1,399 ft2 of internal area, sitting on a 346 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Spring Bank, Market Rasen has an estimated sale value of £168,957 and an estimated rental value of £879 per month, assuming reasonable condition and based on the information available.
Spring Bank, Binbrook, Market Rasen, LN8 lies in the borough of East Lindsey, within the LN8 postal district.
4, Spring Bank, Market Rasen has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated February 2015.
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.
In very good condition, we estimate 4, Spring Bank, Market Rasen would be worth £177,405, with a potential rental value of £923 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £157,130, with a rental value of £817 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Spring Bank, Market Rasen has decreased by £5,117 (3.0%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (2.7%). The property's estimated gross yield is currently 6.2%.
4, Spring Bank, Market Rasen occupies a 346 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 8th largest.
4, Spring Bank, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
4, Spring Bank, Market Rasen last changed hands on 28th November 2024, selling for £140,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 7.0% since November 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 8.0 kilometres of 4, Spring Bank, Market Rasen across the last 2 years.
Most recently, Rectory Cottage, Mount Pleasant, Market Rasen, LN8 6BQ, a freehold house, sold at £163,000 on the 29th August 2025.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Spring Bank, Market Rasen as the 5th largest and the 7th most expensive of the 15 addresses on Spring Bank, Binbrook, Market Rasen, LN8.
Against the LN8 postcode district average, it is £90k less expensive than the typical property.
Market Rasen station is the nearest stop to 4, Spring Bank, Market Rasen at 11.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Spring Bank, Market Rasen, 35.9% of property is privately owned outright and 31.8% is socially rented.
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 4, Spring Bank, Market Rasen, 16.4% of residents are recorded as possessing school level qualifications and 24.9% 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 4, Spring Bank, Market Rasen, the average age was 48.1 and the most common age was 72.
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 4, Spring Bank, Market Rasen, 0.0% 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 4, Spring Bank, 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.
