7, Chestnut Way
7, Chestnut Way
Description & Estimates
According to the public record, 7, Chestnut Way, Market Rasen is a modern freehold house with 861 ft2 of internal area and sits on a 412 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 7, Chestnut Way, Market Rasen is £230,076 and the estimated rental value is £992 per month.
Chestnut Way, Binbrook, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
Our Data Sources
7, Chestnut Way, Market Rasen has 31 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated September 2017.
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
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 7, Chestnut Way, Market Rasen is in very good condition we estimate a sale value of £241,580 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,971 and a rental value of £922 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Chestnut Way, Market Rasen has declined by £3,939 (1.7%), while its estimated rental value has climbed by £43 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Plot Size
According to data from HM Land Registry, 7, Chestnut Way, Market Rasen sits on a plot of 412 m2.
We have plot size data on 5 out of 5 other houses in the postcode and 7, Chestnut Way, Market Rasen sits on the 2nd largest plot.
Energy Efficiency
7, Chestnut Way, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Chestnut Way, Market Rasen was last sold on 1st March 2019 for £183,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2019, the market for similar properties has risen by 27.3%.
- Sold Mar 2019£183,000
- Sold Feb 2018£140,000
- Sold Apr 1995£62,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Chestnut Way, Market Rasen within a radius of 7.9 kilometres over the last 2 years.
The most recent example is 11, Rectory Close, Market Rasen, LN8 6EA, a freehold house which sold for £240,000 on the 28th March 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
Chestnut Way, Binbrook, Market Rasen, LN8 has a total of 5 addresses. According to our analysis of all the public data, 7, Chestnut Way, Market Rasen is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in LN8.
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
The closest station to 7, Chestnut Way, Market Rasen is Market Rasen station, which is 11.9 kilometres away.
- 11.9kmMarket Rasen
- 16.0kmGrimsby Town
- 16.5kmGreat Coates
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
