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According to the public record, 5, Paddock Close, Market Rasen is a modern freehold house with 990 ft2 of internal area and sits on a 201 m2 plot.
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, Paddock Close, Market Rasen is £222,265 and the estimated rental value is £1,019 per month.
Paddock Close, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
5, Paddock Close, Market Rasen has 21 entries in the Land Registry , most recently in July 2009 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Paddock Close, Market Rasen is in very good condition we estimate a sale value of £233,378 and a rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,706 and a rental value of £947 per month.
Over the last 12 months the sale value of 5 Paddock Close Market Rasen has decreased by an estimated £3,834 (1.7%) and its rental value has increased by an estimated £37 per month (3.6%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 5, Paddock Close, Market Rasen sits on a plot of 201m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Paddock Close, Market Rasen sits on the 5th largest plot.
5, Paddock Close, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2020.
The property is 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, Paddock Close, Market Rasen was last sold on 24th July 2009 for £130,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2009, the market for similar properties has risen 47.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Paddock Close, Market Rasen within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 5, The Furlongs, Market Rasen, LN8 3DF, a freehold house which sold for £258,000 on the 17th December 2025.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Close, Market Rasen, LN8 has a total of 5 addresses. According to our analysis of all the public data, 5, Paddock Close, Market Rasen is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in LN8.
The closest station to 5, Paddock Close, Market Rasen is Market Rasen station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Paddock Close, Market Rasen, 59.3% of property is privately owned outright and 23.7% is privately owned with a mortgage.
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, Paddock Close, Market Rasen, 14.2% of residents are recorded as possessing school level qualifications and 19.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Paddock Close, Market Rasen, the average age was 47 and the most common age was 57.
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, Paddock Close, 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, Paddock Close, Market Rasen, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.