8, Hoe Drive
8, Hoe Drive
Description & Estimates
Public records show 8, Hoe Drive, Market Rasen to be a modern freehold house with 764 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Hoe Drive, Market Rasen has an estimated sale value of £144,856 and an estimated rental value of £831 per month, assuming reasonable condition and based on the information available.
Hoe Drive, Market Rasen, LN8 lies in the borough of West Lindsey, within the LN8 postal district.
Our Data Sources
8, Hoe Drive, Market Rasen has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated March 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.
Price Range & Condition
In very good condition, we estimate 8, Hoe Drive, Market Rasen would be worth £152,099, with a potential rental value of £872 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,716, with a rental value of £773 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Hoe Drive, Market Rasen has dropped by £2,480 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £36 (4.4%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
8, Hoe Drive, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Hoe Drive, Market Rasen last changed hands on 24th January 2022, selling for £120,000. 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 dropped by 0.3% since January 2022.
- Sold Jan 2022£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of 8, Hoe Drive, Market Rasen across the last 2 years.
Most recently, 15, Lancaster Drive, Market Rasen, LN8 3GX, a freehold house, sold at £152,000 on the 15th July 2024.
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
Our analysis of the public data ranks 8, Hoe Drive, Market Rasen as the 5th largest and the 4th most expensive of the 15 addresses on Hoe Drive, Market Rasen, LN8.
Against the LN8 postcode district average, it is £115k less expensive than the typical property.
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Schools Nearby
- 800mThe Market Rasen Church of England Primary School
- 2.1kmThe Middle Rasen Primary School
- 4.6kmOsgodby Primary School
- 1.0kmDe Aston School
- 11.7kmCaistor Grammar School
- 11.9kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to 8, Hoe Drive, Market Rasen at 800 metres away.
- 800mMarket Rasen
- 20.1kmKirton Lindsey
- 20.2kmBrigg
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.
