5, Chestnut Way
5, Chestnut Way
Description & Estimates
Public records show 5, Chestnut Way, Market Rasen to be a modern freehold house with 1,044 ft2 of internal area, sitting on a 415 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Chestnut Way, Market Rasen has an estimated sale value of £254,117 and an estimated rental value of £1,060 per month, assuming reasonable condition and based on the information available.
Chestnut Way, Binbrook, Market Rasen, LN8 lies in the borough of East Lindsey, within the LN8 postal district.
Our Data Sources
5, Chestnut Way, Market Rasen has a single entry in the Land Registry from August 2007 and a single entry in the EPC database dated April 2024.
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
In very good condition, we estimate 5, Chestnut Way, Market Rasen would be worth £266,823, with a potential rental value of £1,113 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £236,329, with a rental value of £986 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, Chestnut Way, Market Rasen has dropped by £4,350 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £46 (4.4%). The property's estimated gross yield is currently 5.0%.
Plot Size
5, Chestnut Way, Market Rasen occupies a 415 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
5, Chestnut Way, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Chestnut Way, Market Rasen last changed hands on 24th August 2007, selling for £174,000. 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 40.6% since August 2007.
- Sold Aug 2007£174,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.9 kilometres of 5, Chestnut Way, Market Rasen across the last 2 years.
Most recently, Valhalla, Grimsby Road, Market Rasen, LN8 6DH, a freehold house, sold at £275,000 on the 1st October 2025.
Read more about house prices in LN8.
•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, Chestnut Way, Market Rasen as the largest and the most expensive of the 5 addresses on Chestnut Way, Binbrook, Market Rasen, LN8.
Against the LN8 postcode district average, it is £5k less expensive than the typical property.
More reading links
Schools Nearby
- 500mBinbrook CofE Primary School
- 6.1kmEast Ravendale CofE Primary School Academy
- 6.5kmTealby School
- 11.2kmDe Aston School
- 11.7kmCaistor Yarborough Academy
- 11.9kmWaltham Toll Bar Academy
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to 5, Chestnut Way, Market Rasen at 11.9 kilometres away.
- 11.9kmMarket Rasen
- 16.0kmGrimsby Town
- 16.5kmGreat Coates
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
