Patchwork Cottage, Market Rasen
Patchwork Cottage, Market Rasen
Description & Estimates
Patchwork Cottage, Market Rasen is described in the public record as a period house with 1,614 ft2 of internal area, sitting on a 546 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Patchwork Cottage, Market Rasen is £402,437 and its rental estimate is £1,380 per month, given the available information and assuming reasonable condition.
Louth Road, Binbrook, Market Rasen, LN8 falls within the LN8 postal district, in the borough of East Lindsey.
Our Data Sources
Patchwork Cottage, Market Rasen has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
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
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 Patchwork Cottage, Market Rasen, we estimate a market value of £422,559 and a rental value of £1,449 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,267 and £1,284 per month respectively.
Recent Market Change
Over the last year, Patchwork Cottage, Market Rasen has seen its estimated sale value move down by £12,188 (3.0%) and its estimated rental value increase by £37 per month (2.7%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Patchwork Cottage, Market Rasen as measuring 546 m2.
That makes it the 7th largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
Patchwork Cottage, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2024.
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 Patchwork Cottage, Market Rasen have sold within a radius of 8.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was Belleau Lodge, Newton Lane, Market Rasen, LN8 6FL, a freehold house which sold for £462,050.
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 9 addresses on Louth Road, Binbrook, Market Rasen, LN8, Patchwork Cottage, Market Rasen comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £143k more expensive than the average property across the LN8 district.
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Schools Nearby
- 700mBinbrook CofE Primary School
- 6.1kmEast Ravendale CofE Primary School Academy
- 6.6kmTealby School
- 11.3kmDe Aston School
- 11.9kmCaistor Yarborough Academy
- 12.0kmWaltham Toll Bar Academy
More reading links
Public Transport Nearby
From Patchwork Cottage, Market Rasen, the nearest station is Market Rasen, 11.9 kilometres away.
- 11.9kmMarket Rasen
- 16.1kmGrimsby Town
- 16.6kmGreat Coates
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.
