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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, Wells Drive, Market Rasen is £242,204 and the estimated rental value is £1,046 per month.
Wells Drive, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
4, Wells Drive, Market Rasen has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated November 2022.
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.
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, Wells Drive, Market Rasen is in very good condition we estimate a sale value of £254,314 and a rental value of £1,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,249 and a rental value of £973 per month.
Over the past 12 months, the estimated sale value of 4, Wells Drive, Market Rasen has fallen by £4,146 (1.7%), while its estimated rental value has moved up by £46 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.2%.
According to data from HM Land Registry, 4, Wells Drive, Market Rasen sits on a plot of 551 m2.
We have plot size data on 21 out of 21 other houses in the postcode and 4, Wells Drive, Market Rasen sits on the 9th largest plot.
4, Wells Drive, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Wells Drive, Market Rasen was last sold on 13th September 2024 for £247,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped by 13.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Wells Drive, Market Rasen within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Beech View, Legsby Road, Market Rasen, LN8 3DY, a freehold house which sold for £295,000 on the 17th April 2026.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Drive, Market Rasen, LN8 has a total of 21 addresses. According to our analysis of all the public data, 4, Wells Drive, Market Rasen is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in LN8.
The closest station to 4, Wells Drive, Market Rasen is Market Rasen station, which is 800 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Wells Drive, Market Rasen, % of property is and % is .
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, Wells Drive, Market Rasen, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Wells Drive, 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, Wells Drive, Market Rasen, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
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