8, Derby Close
8, Derby Close
Description & Estimates
According to the public record, 8, Derby Close, Market Rasen is a modern freehold house with 785 ft2 of internal area.
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 8, Derby Close, Market Rasen is £239,209 and the estimated rental value is £1,010 per month.
Derby Close, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
Our Data Sources
8, Derby Close, Market Rasen has a single entry in the Land Registry from April 2025 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 8, Derby Close, Market Rasen is in very good condition we estimate a sale value of £251,169 and a rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,464 and a rental value of £940 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Derby Close, Market Rasen has dropped by £4,095 (1.7%), while its estimated rental value has risen by £44 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
8, Derby Close, Market Rasen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 8, Derby Close, Market Rasen was last sold on 15th April 2025 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2025, the market for similar properties has dropped by 13.0%.
- Sold Apr 2025£265,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Derby Close, Market Rasen within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 35, Aintree Drive, Market Rasen, LN8 3GA, a freehold house which sold for £199,500 on the 3rd 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
Derby Close, Market Rasen, LN8 has a total of 21 addresses. According to our analysis of all the public data, 8, Derby Close, Market Rasen is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in LN8.
More reading links
Schools Nearby
- 1.0kmThe Market Rasen Church of England Primary School
- 2.8kmThe Middle Rasen Primary School
- 3.6kmLegsby Primary School
- 500mDe Aston School
- 13.0kmCaistor Grammar School
- 13.2kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
The closest station to 8, Derby Close, Market Rasen is Market Rasen station, which is 800 metres away.
- 800mMarket Rasen
- 21.1kmKirton Lindsey
- 21.6kmBrigg
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
