The Old Forge, Market Rasen
The Old Forge, Market Rasen
Description & Estimates
According to the public record, The Old Forge, Market Rasen is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,031 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Old Forge, Market Rasen is £383,100 and the estimated rental value is £1,403 per month.
Ranby, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
Our Data Sources
The Old Forge, Market Rasen has 31 entries in the Land Registry , most recently in May 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 The Old Forge, Market Rasen is in very good condition we estimate a sale value of £402,255 and a rental value of £1,473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,283 and a rental value of £1,305 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Old Forge, Market Rasen has moved down by £11,602 (3.0%), while its estimated rental value has increased by £38 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Sold Prices
According to HM Land Registry, The Old Forge, Market Rasen was last sold on 18th May 2009 for £350,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2009, the market for similar properties has risen by 50.0%.
- Sold May 2009£350,000
- Sold Jul 2005£365,000
- Sold Jun 2003£240,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Forge, Market Rasen within a radius of 8.7 kilometres over the last 2 years.
The most recent example is Gardeners Cottage, Horncastle, LN9 5NL, a freehold house which sold for £375,000 on the 18th September 2023.
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
Ranby, Market Rasen, LN8 has a total of 27 addresses. According to our analysis of all the public data, The Old Forge, Market Rasen is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in LN8.
More reading links
Schools Nearby
- 4.3kmThe Donington-on-Bain School
- 4.6kmScamblesby Church of England Primary School
- 9.3kmHorncastle Primary School
- 9.2kmQueen Elizabeth's Grammar School, Horncastle
- 10.2kmThe Banovallum School
- 12.7kmKing Edward VI Grammar School
More reading links
Public Transport Nearby
The closest station to The Old Forge, Market Rasen is Market Rasen station, which is 15.9 kilometres away.
- 15.9kmMarket Rasen
- 23.0kmMetheringham
- 26.5kmLincoln
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
