9, Wells Drive
9, Wells Drive
Description & Estimates
9, Wells Drive, Market Rasen is described in the public record as a modern house with 1,173 ft2 of internal area, sitting on a 566 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Wells Drive, Market Rasen is £264,293 and its rental estimate is £1,104 per month, given the available information and assuming reasonable condition.
Wells Drive, Market Rasen, LN8 falls within the LN8 postal district, in the borough of West Lindsey.
Our Data Sources
9, Wells Drive, Market Rasen has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 9, Wells Drive, Market Rasen, we estimate a market value of £277,507 and a rental value of £1,159 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £245,792 and £1,027 per month respectively.
Recent Market Change
Over the last year, 9, Wells Drive, Market Rasen has seen its estimated sale value fall by £4,525 (1.7%) and its estimated rental value move up by £48 per month (4.4%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 9, Wells Drive, Market Rasen as measuring 566 m2.
That makes it the 5th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
9, Wells Drive, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Wells Drive, Market Rasen have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th February 2024, was 3, Aintree Drive, Market Rasen, LN8 3GA, a freehold house which sold for £290,000.
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
Of the 21 addresses on Wells Drive, Market Rasen, LN8, 9, Wells Drive, Market Rasen comes out as the largest and the most expensive in our analysis of the public data.
It is also £5k more expensive than the average property across the LN8 district.
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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
From 9, Wells Drive, Market Rasen, the nearest station is Market Rasen, 800 metres away.
- 800mMarket Rasen
- 21.1kmKirton Lindsey
- 21.5kmBrigg
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
