Mill House, Market Rasen
Mill House, Market Rasen
Description & Estimates
The public record describes Mill House, Market Rasen as a period house with 1,937 ft2 of internal area, sitting on a 2,833 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Mill House, Market Rasen has an estimated sale value of £230,377 and an estimated rental value of £1,168 per month, assuming reasonable condition and based on the information available.
Glentham, Market Rasen, LN8 lies in the borough of West Lindsey, within the LN8 postal district.
Our Data Sources
Mill House, Market Rasen has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Mill House, Market Rasen would be worth £241,896, with a potential rental value of £1,226 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £214,251, with a rental value of £1,086 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 Mill House, Market Rasen has dropped by £6,977 (3.0%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (2.7%). The property's estimated gross yield is currently 6.1%.
Plot Size
Mill House, Market Rasen occupies a 2,833 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
Mill House, Market Rasen has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Mill House, Market Rasen last changed hands on 12th July 2002, selling for £175,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jul 2002£175,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.3 kilometres of Mill House, Market Rasen across the last 2 years.
Most recently, The Old Smithy, Eastfields, Market Rasen, LN8 2BB, a freehold house, sold at £300,000 on the 6th July 2021.
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 Mill House, Market Rasen as the 4th largest and the 7th most expensive of the 10 addresses on Glentham, Market Rasen, LN8.
Against the LN8 postcode district average, it is £29k less expensive than the typical property.
More reading links
Schools Nearby
- 2.2kmNormanby Primary School
- 4.4kmHemswell Cliff Primary School
- 6.1kmWaddingham Primary School
- 10.2kmKirton Academy
- 10.9kmWilliam Farr CofE Comprehensive School
- 11.9kmDe Aston School
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to Mill House, Market Rasen at 11.1 kilometres away.
- 11.1kmMarket Rasen
- 11.3kmKirton Lindsey
- 16.7kmBrigg
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
