Our Data Sources
5, Lancaster Drive, Market Rasen has a single entry in the Land Registry from May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Lancaster Drive, Market Rasen would be worth £201,091, with a potential rental value of £1,006 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £178,110, with a rental value of £891 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
5, Lancaster Drive, Market Rasen occupies a 171 m2 plot as recorded by HM Land Registry.
All 27 other houses in this postcode have recorded plot sizes, and this one ranks as the 17th largest.
Sold Prices
5, Lancaster Drive, Market Rasen last changed hands on 31st May 2007, selling for £119,950. 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 39.6% since May 2007.
- Sold May 2007£119,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 112 sales of comparable properties within 890 metres of 5, Lancaster Drive, Market Rasen across the last 2 years.
Most recently, 37, The Furlongs, Market Rasen, LN8 3DF, a freehold house, sold at £180,000 on the 6th February 2025.
Read more about house prices in LN8.
- Sold Feb 2025£180,000 | 3 Bed House37, The Furlongs, Market Rasen, LN8 3DF37, The Furlongs, Market Rasen, LN8 3DF
- Sold Apr 2023£180,000 | 3 Bed House30, The Furlongs, Market Rasen, LN8 3DF30, The Furlongs, Market Rasen, LN8 3DF
- Sold May 2018£205,000 | 3 Bed House11, Lancaster Drive, Market Rasen, LN8 3GX11, Lancaster Drive, Market Rasen, LN8 3GX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Lancaster Drive, Market Rasen as the 7th largest and the 9th most expensive of the 27 addresses on Lancaster Drive, Market Rasen, LN8.
Against the LN8 postcode district average, it is £70k less expensive than the typical property.
More reading links
Schools Nearby
- The Market Rasen Church of England Primary School700 m away
- The Middle Rasen Primary School2.2 km away
- Osgodby Primary School4.7 km away
- De Aston School900 m away
- Caistor Grammar School11.8 km away
- Caistor Yarborough Academy12.0 km away
More reading links
Public Transport Nearby
- Market Rasen|800 m away
- Kirton Lindsey|20.3 km away
- Brigg|20.3 km away
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.
