According to the public record, Stone Cottage, Market Rasen is a mid-century freehold house and with 2,766 ft2 of internal area and sits on a 1,743 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Moor Road, Walesby, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
Stone Cottage, Market Rasen has 21 entries in the Land Registry database, most recently in February 2021 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 Stone Cottage Market Rasen as £450,473 and the rental value as £1,636 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Stone Cottage Market Rasen has decreased by £323 (0.1%) and its rental value has increased by £9 per month (0.5%).
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 Stone Cottage, Market Rasen is in very good condition we estimate a sale value of £472,997 and rental value of £1,718 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,940 and a rental value of £1,522 per month.
If you were able to purchase this property for the estimated value of £450,473, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,214 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, Stone Cottage, Market Rasen sits on a plot of 1743m2.
We have plot size data on 23 out of 27 other houses in the postcode and Stone Cottage, Market Rasen sits on the 6th largest plot.
According to HM Land Registry, Stone Cottage, Market Rasen was last sold on 12 Feb 2021 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Stone Cottage, Market Rasen within a radius of 3.9km over the last 2 years.
The most recent example is 35, Lady Frances Drive, Market Rasen, LN8 3JJ, a Freehold house which sold for £340,000 in Sep 2021.
Read more about house prices in LN8.
Moor Road, Walesby, Market Rasen, LN8 has a total of 27 addresses. According to our analysis of all the public data, Stone Cottage, Market Rasen is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in LN8.
Stone Cottage, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Stone Cottage, Market Rasen is Market Rasen station which is 4.4 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 Stone Cottage, Market Rasen, 60.4% of property is privately owned outright and 23.8% 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 Stone Cottage, Market Rasen, 10.1% of residents are recorded as possessing school level qualifications and 39.7% 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 Stone Cottage, 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 Stone Cottage, Market Rasen, 4.4% 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 Stone Cottage, 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.