The Chestnuts, Market Rasen
The Chestnuts, Market Rasen
Description & Estimates
Public records show The Chestnuts, Market Rasen to be a period freehold house with 9,902 ft2 of internal area, sitting on a 6,173 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Chestnuts, Market Rasen has an estimated sale value of £730,069 and an estimated rental value of £3,274 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
The Chestnuts, Market Rasen has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated March 2015.
We combine this information with that 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 The Chestnuts, Market Rasen would be worth £766,573, with a potential rental value of £3,437 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £678,964, with a rental value of £3,044 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 The Chestnuts, Market Rasen has declined by £25,756 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £74 (2.3%). The property's estimated gross yield is currently 5.4%.
Plot Size
The Chestnuts, Market Rasen occupies a 6,173 m2 plot as recorded by HM Land Registry.
Energy Efficiency
The Chestnuts, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The Chestnuts, Market Rasen last changed hands on 15th February 2021, selling for £650,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 6.5% since February 2021.
- Sold Feb 2021£650,000
- Sold Apr 2004£245,000
- Sold Feb 2001£127,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 6.5 kilometres of The Chestnuts, Market Rasen across the last 2 years.
Most recently, Willow Green, Church Lane, Market Rasen, LN8 2EL, a freehold house, sold at £420,000 on the 10th May 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 The Chestnuts, Market Rasen as the largest and the most expensive of the 10 addresses on Glentham, Market Rasen, LN8.
Against the LN8 postcode district average, it is £471k more expensive than the typical property.
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Schools Nearby
- 2.6kmNormanby Primary School
- 5.6kmHemswell Cliff Primary School
- 6.1kmWaddingham Primary School
- 10.7kmKirton Academy
- 10.8kmDe Aston School
- 11.1kmWilliam Farr CofE Comprehensive School
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to The Chestnuts, Market Rasen at 10.0 kilometres away.
- 10.0kmMarket Rasen
- 11.7kmKirton Lindsey
- 16.4kmBrigg
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
