1, Prospect Place, LN8 3AS
1 Prospect Place is a 117 m² / 1,259 sq ft terraced home in Market Rasen. It sold for £121,000 in July 2025. Indexed forward to today's value, that sale is roughly £139k. Recent local prices imply a broad valuation context of £225k to £326k based on its internal area. The Land Registry and EPC data was last updated 2 July 2026.
- Sale history
-
Date Paid price Annual growth After inflation Jul 2025 £121,000 * -2.0% -4.7% Jul 2007 £173,000 23.9% 21.7% Feb 2000 £35,175 na na *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
- 117 square metres (1,259 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,034 per square metre (£96 per square foot) in Jul 2025. Indexed forward to today's value, this is roughly £1,192 per square metre (£111 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Jul 2025 £121,000 £1,034 £139,421 £1,192 Jul 2007 £173,000 £1,479 £258,729 £2,211 Feb 2000 £35,175 £301 £153,536 £1,312 Calculated using the latest EPC internal area of 117 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 £139,421. 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 117 m², this implies a valuation between £225,000 and £326,000. 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
- Terrace
- Council tax band
- B
- Plot size
- 431 square metres (4,639 square feet) - map showing freehold boundary lines
- Summary:
- 25 March 2026 - energy performance certificate grade F
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- End-Terrace House , has 5 habitable rooms. Estimated year built 1900 to 1929
- Area:
- 117 sqm (1,259 square foot) total internal area
- Comments:
- Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, 300 mm loft insulation. Heating: Room heaters, coal.
1 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 £139,421.
- Based on an internal area of 117 m² and recent prices in Market Rasen, this implies a lower and upper quartile range from £225,000 to £326,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.