Property data
Sale history
£675,000 on Jul 2023

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
118 square metres (1,270 square feet) according to latest EPC inspection
Price per internal area

This property sold for £5,720 per square metre (£531 per square foot) in Jul 2023. Indexed forward to today's value, this is roughly £5,625 per square metre (£523 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Jul 2023 £675,000 £5,720 £663,744 £5,625

Calculated using the latest EPC internal area of 118 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 £663,744. 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 £1,910 and £2,780 per square metre (£177 and £258 per square foot). Based on an internal area of 118 m², this implies a valuation between £225,000 and £328,000. 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
3
Type
Other
Council tax band
D
Company ownership
Title number
LL341346
Tenure
Freehold
Title address
The Close, Gallamore Lane, Market Rasen
Owner
MORBAINE LIMITED (Company reference number: 01295434)
Proprietor address: Morbaine Ltd, Finlan Centre, Hale Road, Widnes, WA8 8PU
Price paid on title: £675,000
Ownership record added to Land Registry's corporate ownership dataset 11 Jul 2023
Planning applications
Planning ref:
July 2020 140458
Type:
Discharge of conditions imposed on an existing application
Status:
Application approved with conditions
Address:
The Close, Gallamore Lane, Market Rasen, Lincolnshire,
Description:
Request for confirmation of compliance with conditions 3,5,6 and 7 outline planning permission 132281 granted 18th December 2015.

Planning ref:
December 2019 140218
Type:
Discharge of conditions imposed on an existing application
Status:
Application approved with conditions
Address:
24 Lottbridge Drove Eastbourne East Sussex
Description:
Request for confirmation of compliance with condition 2 of outline permission 132281 granted 18th December 2019.

Planning ref:
February 2019 136342
Type:
Outline application - proposal prior to a full application, including assessments and scoping opinions. ; this application involves multiple dwellings
Status:
Application approved with conditions
Address:
The Close, Land off Gallamore Lane, Market Rasen,
Description:
Application for approval of reserved matters, considering access, appearance, landscaping, layout and scale - following outline planning permission 132281 granted 18 December 2015-to erect 16no. dwellings

Planning ref:
September 2003 M03/P/0831
Type:
Full and householder planning application
Status:
Application approved with conditions
Address:
The Close, Gallamore Lane, Market Rasen,
Description:
PLANNING APPLICATION TO ERECT 2M BOUNDARY WALL
EPC Inspections
Summary:
28 December 2018 - energy performance certificate grade E
Reason for EPC:
Rental
Tenure:
Private rental
Property type:
Detached House , has 5 habitable rooms. Estimated year built 1930 to 1949
Area:
118 sqm (1,270 square foot) total internal area
Comments:
Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, 250 mm loft insulation. Heating: Boiler and radiators, oil.

Summary:
08 August 2012 - energy performance certificate grade F
Reason for EPC:
Marketed sale
Tenure:
Unknown
Property type:
Detached House , has 6 habitable rooms. Estimated year built None to None
Area:
140 sqm (1,507 square foot) total internal area
Comments:
Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, 50 mm loft insulation. Heating: Boiler and radiators, oil.