According to the public record, 58, Willingham Road, Market Rasen is a period freehold house and with 1,302 ft2 of internal area and sits on a 487 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Willingham Road, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
58, Willingham Road, Market Rasen has a single entry in the Land Registry database from June 2022 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 58 Willingham Road Market Rasen as £222,107 and the rental value as £965 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 58 Willingham Road Market Rasen has increased by £1,450 (0.7%) and its rental value has increased by £10 per month (1.0%).
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 58, Willingham Road, Market Rasen is in very good condition we estimate a sale value of £233,213 and rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,560 and a rental value of £898 per month.
If you were able to purchase this property for the estimated value of £222,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,092 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, 58, Willingham Road, Market Rasen sits on a plot of 487m2.
We have plot size data on 28 out of 35 other houses in the postcode and 58, Willingham Road, Market Rasen sits on the 7th largest plot.
According to HM Land Registry, 58, Willingham Road, Market Rasen was last sold on 08 Jun 2022 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Willingham Road, Market Rasen within a radius of 666m over the last 2 years.
The most recent example is 15, Willingham Road, Market Rasen, LN8 3DP, a Freehold house which sold for £245,000 in Oct 2023.
Read more about house prices in LN8.
Willingham Road, Market Rasen, LN8 has a total of 125 addresses. According to our analysis of all the public data, 58, Willingham Road, Market Rasen is the 40th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in LN8.
58, Willingham Road, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 58, Willingham Road, Market Rasen is Market Rasen station which is 500 m 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 58, Willingham Road, Market Rasen, 48.2% of property is privately owned outright and 27.5% is privately rented.
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 58, Willingham Road, Market Rasen, 16.6% of residents are recorded as possessing school level qualifications and 20.6% 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 58, Willingham Road, Market Rasen, the average age was 47 and the most common age was 57.
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 58, Willingham Road, Market Rasen, 0.4% 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 58, Willingham Road, Market Rasen, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.