8, Wells Drive
8, Wells Drive
Description & Estimates
According to the public record, 8, Wells Drive, Market Rasen is a modern freehold house with 835 ft2 of internal area and sits on a 554 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 8, Wells Drive, Market Rasen is £221,326 and the estimated rental value is £982 per month.
Wells Drive, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
Our Data Sources
8, Wells Drive, Market Rasen has 31 entries in the Land Registry , most recently in June 2010 and a single entry in the EPC database dated February 2010.
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 8, Wells Drive, Market Rasen is in very good condition we estimate a sale value of £232,393 and a rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,833 and a rental value of £914 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Wells Drive, Market Rasen has fallen by £3,789 (1.7%), while its estimated rental value has moved up by £43 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 8, Wells Drive, Market Rasen sits on a plot of 554 m2.
We have plot size data on 21 out of 21 other houses in the postcode and 8, Wells Drive, Market Rasen sits on the 8th largest plot.
Energy Efficiency
8, Wells Drive, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2010.
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, 8, Wells Drive, Market Rasen was last sold on 4th June 2010 for £167,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2010, the market for similar properties has risen by 33.8%.
- Sold Jun 2010£167,000
- Sold Dec 2002£118,000
- Sold Jun 2002£93,500
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, Wells Drive, Market Rasen within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 15, The Ridings, Market Rasen, LN8 3EE, a freehold house which sold for £225,000 on the 20th March 2026.
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
Wells Drive, Market Rasen, LN8 has a total of 21 addresses. According to our analysis of all the public data, 8, Wells Drive, Market Rasen is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £38k 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
- 400mDe Aston School
- 12.9kmCaistor Grammar School
- 13.1kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
The closest station to 8, Wells Drive, Market Rasen is Market Rasen station, which is 800 metres away.
- 800mMarket Rasen
- 21.1kmKirton Lindsey
- 21.5kmBrigg
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
