5, Bobs Lane
5, Bobs Lane
Description & Estimates
Public records show 5, Bobs Lane, Market Rasen to be a period freehold house with 2,023 ft2 of internal area, sitting on a 193 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Bobs Lane, Market Rasen has an estimated sale value of £227,592 and an estimated rental value of £1,154 per month, assuming reasonable condition and based on the information available.
Bobs Lane, Caistor, Market Rasen, LN7 lies in the borough of West Lindsey, within the LN7 postal district.
Our Data Sources
5, Bobs Lane, Market Rasen has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Bobs Lane, Market Rasen would be worth £238,971, with a potential rental value of £1,211 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £211,660, with a rental value of £1,073 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Bobs Lane, Market Rasen has moved down by £6,892 (3.0%) over the last year. During the same period, its estimated monthly rental value has increased by £31 (2.7%). The property's estimated gross yield is currently 6.1%.
Plot Size
5, Bobs Lane, Market Rasen occupies a 193 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
5, Bobs Lane, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
5, Bobs Lane, Market Rasen last changed hands on 9th September 2022, selling for £317,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 2.1% since September 2022.
- Sold Sep 2022£317,000
- Sold Aug 2012£85,000
- Sold Jan 2006£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 3.8 kilometres of 5, Bobs Lane, Market Rasen across the last 2 years.
Most recently, Stonedale, Church Street, Market Rasen, LN7 6NP, a freehold house, sold at £300,000 on the 30th March 2007.
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
Our analysis of the public data ranks 5, Bobs Lane, Market Rasen as the largest and the most expensive of the 10 addresses on Bobs Lane, Caistor, Market Rasen, LN7.
Against the LN7 postcode district average, it is £32k less expensive than the typical property.
More reading links
Schools Nearby
- 200mCaistor CofE and Methodist Primary School
- 1.6kmNettleton Community Primary School
- 4.8kmGrasby All Saints Church of England Primary School
- 300mCaistor Grammar School
- 400mCaistor Yarborough Academy
- 12.5kmDe Aston School
More reading links
Public Transport Nearby
Barnetby station is the nearest stop to 5, Bobs Lane, Market Rasen at 10.7 kilometres away.
- 10.7kmBarnetby
- 12.5kmMarket Rasen
- 12.6kmHabrough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
