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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 5, Farriers Way, Market Rasen is £186,615 and the estimated rental value is £907 per month.
Farriers Way, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
5, Farriers Way, Market Rasen has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Farriers Way, Market Rasen is in very good condition we estimate a sale value of £195,946 and a rental value of £953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,552 and a rental value of £844 per month.
Over the last 12 months the sale value of 5 Farriers Way Market Rasen has decreased by an estimated £3,195 (1.7%) and its rental value has increased by an estimated £40 per month (4.4%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 5, Farriers Way, Market Rasen sits on a plot of 331m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Farriers Way, Market Rasen sits on the 3rd largest plot.
5, Farriers Way, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Farriers Way, Market Rasen was last sold on 27th September 2013 for £119,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2013, the market for similar properties has risen 110.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Farriers Way, Market Rasen within a radius of 940 metres over the last 2 years.
The most recent example is 29, Haydock Way, Market Rasen, LN8 3AX, a freehold house which sold for £200,000 on the 11th December 2024.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farriers Way, Market Rasen, LN8 has a total of 5 addresses. According to our analysis of all the public data, 5, Farriers Way, Market Rasen is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in LN8.
The closest station to 5, Farriers Way, Market Rasen is Market Rasen station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Farriers Way, 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 5, Farriers Way, 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 5, Farriers Way, 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 5, Farriers Way, 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.