1 Prospect House, Prospect Place, LN8 3AS

1 Prospect House Prospect Place is a 55 m² / 592 sq ft flat in Market Rasen. It sold for £55,000 in March 2007. Indexed forward to today's value, that sale is roughly £66k. Recent local prices imply a broad valuation context of £106k to £153k based on its internal area. The Land Registry and EPC data was last updated 2 July 2026.

Property data
Sale history
Date Paid price Annual growth After inflation
Mar 2007 £55,000 15.5% 13.4%
Sep 2001 £24,950 5.7% 3.7%
Oct 1995 £18,000 na na
Internal area
55 square metres (592 square feet) according to latest EPC inspection
Price per internal area

This property sold for £1,000 per square metre (£93 per square foot) in Mar 2007. Indexed forward to today's value, this is roughly £1,204 per square metre (£112 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Mar 2007 £55,000 £1,000 £66,202 £1,204
Sep 2001 £24,950 £454 £81,450 £1,481
Oct 1995 £18,000 £327 £69,546 £1,264

Calculated using the latest EPC internal area of 55 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £66,202. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Market Rasen are now selling for between £1,920 and £2,790 per square metre (£178 and £259 per square foot). Based on an internal area of 55 m², this implies a valuation between £106,000 and £153,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Flat
Council tax band
A
Company ownership
Title number
LL61468
Tenure
Leasehold/other
Title address
1 Prospect House, Prospect Place, Market Rasen
Owner
GOULCEBY INVESTMENTS LIMITED (Company reference number: 04769908)
Proprietor address: 30-34 North Street, Hailsham, East Sussex BN27 1DN
Price paid on title: £55,000
Ownership record added to Land Registry's corporate ownership dataset 17 Apr 2007
EPC Inspections
Summary:
23 April 2018 - energy performance certificate grade D
Certificate:
View energy certificate on GOV.UK
Reason for EPC:
Rental
Tenure:
Private rental
Property type:
1st floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 1983 to 1990
Area:
55 sqm (592 square foot) total internal area
Comments:
Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.
Frequently asked questions

1 Prospect House Prospect Place is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.

  • HouseMetric estimates the most recent sale price indexed forward to today's value is £66,202.
  • Based on an internal area of 55 m² and recent prices in Market Rasen, this implies a lower and upper quartile range from £106,000 to £153,000, using HouseMetric's implied valuation methodology.

According to HM Land Registry price paid data, 1 Prospect House Prospect Place last sold for £55,000 in March 2007.

HouseMetric shows 1 Prospect House Prospect Place as 55 m² (592 sq ft), based on the latest internal area data available for this property. The bedroom count is shown as 2 bedrooms. Bedroom numbers can come from a previous estate agency listing, an EPC record, or an estimate based on the size of the property.

The latest EPC rating shown by HouseMetric is D, from an inspection dated 23 April 2018. EPC information comes from the public Energy Performance Certificate data for England and Wales.

When we last checked, 1 Prospect House Prospect Place was in council tax band A. Council Tax bands can change, so check the latest Valuation Office Agency Council Tax list.

1 Prospect House Prospect Place is in postcode LN8 3AS, in Market Rasen. You can also view HouseMetric's sold-price page for Prospect Place, LN8 3AS or analysis of the Market Rasen property market.

HouseMetric combines HM Land Registry price paid data, Energy Performance Certificate data and Ordnance Survey/open data. The data were last updated 2 July 2026. Figures such as indexed values and local valuation ranges are calculated estimates for context, while official records can change as public datasets are updated.

For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.