According to the public record, 4, Compton Drive, Market Rasen is a modern freehold house and with 1,625 ft2 of internal area and sits on a 703 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Compton Drive, Faldingworth, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
4, Compton Drive, Market Rasen has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Compton Drive Market Rasen as £342,964 and the rental value as £1,203 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 4 Compton Drive Market Rasen has increased by £819 (0.2%) and its rental value has increased by £7 per month (0.6%).
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 4, Compton Drive, Market Rasen is in very good condition we estimate a sale value of £360,112 and rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,956 and a rental value of £1,119 per month.
If you were able to purchase this property for the estimated value of £342,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,686 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 4, Compton Drive, Market Rasen sits on a plot of 703m2.
We have plot size data on 3 out of 4 other houses in the postcode and 4, Compton Drive, Market Rasen sits on the largest plot.
According to HM Land Registry, 4, Compton Drive, Market Rasen was last sold on 24 Jan 2006 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Compton Drive, Market Rasen within a radius of 156m over the last 2 years.
The most recent example is 1, Bradman Close, Market Rasen, LN8 3FH, a Freehold house which sold for £327,950 in Apr 2023.
Read more about house prices in LN8.
Compton Drive, Faldingworth, Market Rasen, LN8 has a total of 4 addresses. According to our analysis of all the public data, 4, Compton Drive, Market Rasen is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in LN8.
4, Compton Drive, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 4, Compton Drive, Market Rasen is Market Rasen station which is 5.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Compton Drive, Market Rasen, 41.8% of property is privately owned with a mortgage and 41.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Compton Drive, Market Rasen, 15.1% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Compton Drive, Market Rasen, the average age was 43.8 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Compton Drive, Market Rasen, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Compton Drive, Market Rasen, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.