Our Data Sources
5, Forge Close, Market Rasen has 21 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated March 2009.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Forge Close, Market Rasen, we estimate a market value of £361,864 and a rental value of £1,301 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £320,508 and £1,152 per month respectively.
Plot Size
HM Land Registry records the plot of land for 5, Forge Close, Market Rasen as measuring 745 m2.
That makes it the 2nd largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
Energy Efficiency
5, Forge Close, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Mar 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 5, Forge Close, Market Rasen completed on 9th February 2007 at £234,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 42.0% over the period since February 2007.
- Sold Feb 2007£234,500
- Sold Oct 1999£100,000
Similar Properties Sold Nearby
Over the past 2 years 113 properties similar to 5, Forge Close, Market Rasen have sold within a radius of 6.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2022, was 1, Church Farm Road, Market Rasen, LN7 6PZ, a freehold house which sold for £399,950.
Read more about house prices in LN7.
- Sold Dec 2022£399,950 | 4 Bed House1, Church Farm Road, Market Rasen, LN7 6PZ1, Church Farm Road, Market Rasen, LN7 6PZ
- Sold Apr 2022£395,000 | 4 Bed House2, Forge Close, Market Rasen, LN7 6PY2, Forge Close, Market Rasen, LN7 6PY
- Sold Jul 2018£248,000 | 4 Bed HouseEden House, Brigg Road, Market Rasen, LN7 6PQEden House, Brigg Road, Market Rasen, LN7 6PQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Forge Close, South Kelsey, Market Rasen, LN7, 5, Forge Close, Market Rasen comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £83k more expensive than the average property across the LN7 district.
More reading links
Schools Nearby
- Kelsey Primary School3.1 km away
- Waddingham Primary School6.2 km away
- Nettleton Community Primary School6.7 km away
- Caistor Grammar School7.8 km away
- Caistor Yarborough Academy8.5 km away
- Sir John Nelthorpe School9.7 km away
More reading links
Public Transport Nearby
- Brigg|9.1 km away
- Kirton Lindsey|10.8 km away
- Barnetby|11.3 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
