According to the public record, Waveney Cottage, Market Rasen is a period house with 1,797 ft2 of internal area and sits on a 718 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.
Waveney Cottage, Market Rasen has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 Waveney Cottage Market Rasen as £314,280 and the rental value as £1,223 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Waveney Cottage Market Rasen has increased by £2,052 (0.7%) and its rental value has increased by £12 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 Waveney Cottage, Market Rasen is in very good condition we estimate a sale value of £329,994 and rental value of £1,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,280 and a rental value of £1,138 per month.
If you were able to purchase this property for the estimated value of £314,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,545 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, Waveney Cottage, Market Rasen sits on a plot of 718m2.
We have plot size data on 9 out of 14 other houses in the postcode and Waveney Cottage, Market Rasen sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Waveney Cottage, Market Rasen within a radius of 276m over the last 2 years.
The most recent example is The Walnuts, Chapman Street, Market Rasen, LN8 3DS, a Freehold house which sold for £358,000 in Jul 2022.
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, Waveney Cottage, Market Rasen is the 17th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in LN8.
Waveney Cottage, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
The closest station to Waveney Cottage, Market Rasen is Market Rasen station which is 400 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 Waveney Cottage, Market Rasen, 37.2% of property is privately owned outright and 36.7% 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 Waveney Cottage, Market Rasen, 16.0% of residents are recorded as possessing school level qualifications and 26.9% 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 Waveney 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 Waveney Cottage, Market Rasen, 1.0% 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 Waveney Cottage, Market Rasen, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.