4, Underhill Close
4, Underhill Close
Description & Estimates
According to the public record, 4, Underhill Close, Market Rasen is a freehold house that sits on a 165 m2 plot.
By comparing it to neighbours, we estimate that it is a mid-century house with 793 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Underhill Close, Market Rasen is £155,051 and the estimated rental value is £850 per month.
Underhill Close, Nettleton, Market Rasen, LN7 is located in the borough of West Lindsey within the LN7 postal district.
Our Data Sources
4, Underhill Close, Market Rasen has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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, Underhill Close, Market Rasen is in very good condition we estimate a sale value of £162,804 and a rental value of £892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,198 and a rental value of £790 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Underhill Close, Market Rasen has fallen by £2,654 (1.7%), while its estimated rental value has moved up by £37 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Plot Size
According to data from HM Land Registry, 4, Underhill Close, Market Rasen sits on a plot of 165 m2.
We have plot size data on 2 out of 7 other houses in the postcode and 4, Underhill Close, Market Rasen sits on the 2nd largest plot.
Sold Prices
According to HM Land Registry, 4, Underhill Close, Market Rasen was last sold on 28th February 2007 for £85,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen by 49.3%.
- Sold Feb 2007£85,000
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, Underhill Close, Market Rasen within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 6, Underhill Close, Market Rasen, LN7 6AP, a freehold house which sold for £151,500 on the 29th April 2022.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Underhill Close, Nettleton, Market Rasen, LN7 has a total of 7 addresses. According to our analysis of all the public data, 4, Underhill Close, Market Rasen is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in LN7.
More reading links
Schools Nearby
- 300mNettleton Community Primary School
- 1.7kmCaistor CofE and Methodist Primary School
- 5.3kmGrasby All Saints Church of England Primary School
- 1.7kmCaistor Grammar School
- 2.2kmCaistor Yarborough Academy
- 11.3kmDe Aston School
More reading links
Public Transport Nearby
The closest station to 4, Underhill Close, Market Rasen is Barnetby station, which is 11.1 kilometres away.
- 11.1kmBarnetby
- 11.1kmMarket Rasen
- 12.3kmBrigg
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
