According to the public record, Coles Barn, Market Rasen is a modern freehold house with 2,185 ft2 of internal area and sits on a 609 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Private Lane, Normanby-By-Spital, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
Coles Barn, Market Rasen has 21 entries in the Land Registry database, most recently in February 2009 and a single entry in the EPC database dated October 2018.
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 Coles Barn Market Rasen as £368,715 and the rental value as £1,400 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Coles Barn Market Rasen has increased by £273 (0.1%) and its rental value has increased by £14 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 Coles Barn, Market Rasen is in very good condition we estimate a sale value of £387,151 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,905 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £368,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,812 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, Coles Barn, Market Rasen sits on a plot of 609m2.
We have plot size data on 14 out of 24 other houses in the postcode and Coles Barn, Market Rasen sits on the 3rd largest plot.
According to HM Land Registry, Coles Barn, Market Rasen was last sold on 27 Feb 2009 for £265,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2009, the market for similar properties has risen 63.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Coles Barn, Market Rasen within a radius of 7.0 kilometres over the last 2 years.
The most recent example is Maggies Cottage, Front Street, Market Rasen, LN8 2EB, a Freehold house which sold for £265,000 in Oct 2019.
Read more about house prices in LN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Private Lane, Normanby-By-Spital, Market Rasen, LN8 has a total of 24 addresses. According to our analysis of all the public data, Coles Barn, Market Rasen is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £113k more expensive than the average property in LN8.
Coles Barn, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2018.
The property is not connected to mains gas and has mostly double glazing. It is heated using an oil fired boiler and radiators.
The closest station to Coles Barn, Market Rasen is Market Rasen station which is 10.3 kilometres 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 Coles Barn, Market Rasen, 45.1% of property is privately owned outright and 30.5% is privately owned with a mortgage.
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 Coles Barn, Market Rasen, 14.4% of residents are recorded as possessing school level qualifications and 37.4% 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 Coles Barn, Market Rasen, the average age was 46.3 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 Coles Barn, Market Rasen, 0.5% 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 Coles Barn, Market Rasen, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.