Sold Terraced

23 JAMESON BRIDGE STREET

MARKET RASEN, LINCOLNSHIRE LN8 3EW

2 beds 797 sq ft Listed 31 Mar 2005 (-7734d)

£79,950

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# 2 bedroom terraced house for sale (LN8 3EW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 JAMESON BRIDGE STREET, MARKET RASEN, LINCOLNSHIRE LN8 3EW |
| Price | £79,950 |
| Bedrooms | 2 |
| Floor area | 74 m² |
| Last sold | £20,500 Sep 2000 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Current heating cost:** £1,017/year

### Recommendations
- A2 (1,500)
- B (1,500)
- W2 (6,000)
- E (35)
- G (450)
- I (3,000)
- T2 (900)
- N (6,000)
- U (5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0666-2897-7479-2690-0831)

## Description

An end of terrace house close to the town centre which has been extensively renovated by the current owner.  This property is ideally suited for the first time buyer or a buy to let investor.  The property comprises hallway, lounge, breakfast room, kitchen, utility area, 2 bedrooms, bathroom, rear garden and gas central heating.

## Property Photos

- ![Photo](/listings/photos/6130817/329291)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 JAMESON BRIDGE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EW | £20,500 | 04/09/2000 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 29 PROSPECT PLACE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AS | £82,900 | 09/01/2026 | Terraced |
| 18 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR | £171,000 | 05/12/2025 | Terraced |
| 49 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR | £84,500 | 05/12/2023 | Terraced |
| 53 WATERLOO STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3ES | £115,000 | 03/11/2023 | Terraced |
| 10 CHURCH STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3ET | £270,000 | 02/10/2023 | Terraced |
| 6 WESLEY COURT, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3TJ | £130,000 | 29/09/2023 | Terraced |
| 15 UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA | £110,000 | 24/08/2023 | Terraced |
| 18 JAMESON BRIDGE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EW | £100,000 | 17/07/2023 | Terraced |
| 21 THE MALTINGS COURT, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AZ | £100,000 | 07/07/2023 | Terraced |
| 36 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR | £80,000 | 02/05/2023 | Terraced |
| 4 CHURCH MILL CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3JL | £175,000 | 26/04/2023 | Terraced |
| 1 CHURCH MILL CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3JL | £155,000 | 31/03/2023 | Terraced |
| 15 JAMESON BRIDGE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EW | £140,000 | 11/11/2022 | Terraced |
| 6 WILLINGHAM ROAD, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3DP | £60,000 | 12/09/2022 | Terraced |
| 54 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR | £65,600 | 26/08/2022 | Terraced |
| 15 UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA | £100,000 | 08/08/2022 | Terraced |
| 37 WATERLOO STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3ES | £97,000 | 22/07/2022 | Terraced |
| 44 UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA | £138,000 | 10/06/2022 | Terraced |
| WAVERLEY COURT THE OLD MAIL OFFICE QUEEN STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EH | £83,000 | 29/04/2022 | Terraced |
| 12B UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA | £127,500 | 11/04/2022 | Terraced |

**Area average:** £119,225 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £182,814 (14 Terraced, LN8, 2024–2026)
- **Deviation:** -56.3%

## Rental Range

*ONS Price Index of Private Rents (West Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £642/mo
- **Realistic:** £713/mo
- **Optimistic:** £784/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £598/mo

## 1% Rule

- **Rent ratio:** 0.89% (okay)
- **Max investor price (0.8%):** £89,125
- **Target investor price (1%):** £71,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £1,080/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 47.8%
- **10y growth:** 66.1%

## House Price Index (HM Land Registry)

*Official index for West Lindsey; Terraced series; as of March 2026.*

- **1y growth (index):** 1.7%
- **5y growth (index):** 13.1%
- **10y growth (index):** 45.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Floor area

74 m²

EPC rating

Last sold

£20,500 Sep 2000

Price per m²

£1,080/m²

Local average

£182,814 (-56.3%)

Deprivation

Decile 4 (11,025 of 33,755)

Street crime

64 incidents within 1 mile (Mar 2026)

Key features

Lounge
Breakfast Room
Kitchen
Utility Area
2 Bedrooms
Bathroom
Gas Central Heating
Rear Garden & Store

Description

An end of terrace house close to the town centre which has been extensively renovated by the current owner. This property is ideally suited for the first time buyer or a buy to let investor. The property comprises hallway, lounge, breakfast room, kitchen, utility area, 2 bedrooms, bathroom, rear garden and gas central heating.

Listed by

Louth

John Taylors

Reference: 6130817

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 13/03/2020

Current heating cost: £1,017/year

Potential heating cost: £568/year

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Flat roof or sloping ceiling insulation (1,500)
Cavity wall insulation (1,500)
Floor insulation (solid floor) (6,000)
Low energy lighting for all fixed outlets (35)
Upgrade heating controls (450)
Replace boiler with new condensing boiler (3,000)
Flue gas heat recovery in conjunction with boiler (900)
Solar water heating (6,000)
Solar photovoltaic panels, 2.5 kWp (5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	04/09/2000 (25 years ago)	£20,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
29 PROSPECT PLACE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AS	£82,900	09/01/2026	Terraced
18 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR	£171,000	05/12/2025	Terraced
49 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR	£84,500	05/12/2023	Terraced
53 WATERLOO STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3ES	£115,000	03/11/2023	Terraced
10 CHURCH STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3ET	£270,000	02/10/2023	Terraced
6 WESLEY COURT, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3TJ	£130,000	29/09/2023	Terraced
15 UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA	£110,000	24/08/2023	Terraced
18 JAMESON BRIDGE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EW	£100,000	17/07/2023	Terraced
21 THE MALTINGS COURT, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AZ	£100,000	07/07/2023	Terraced
36 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR	£80,000	02/05/2023	Terraced
4 CHURCH MILL CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3JL	£175,000	26/04/2023	Terraced
1 CHURCH MILL CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3JL	£155,000	31/03/2023	Terraced
15 JAMESON BRIDGE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EW	£140,000	11/11/2022	Terraced
6 WILLINGHAM ROAD, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3DP	£60,000	12/09/2022	Terraced
54 SERPENTINE STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AR	£65,600	26/08/2022	Terraced
15 UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA	£100,000	08/08/2022	Terraced
37 WATERLOO STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3ES	£97,000	22/07/2022	Terraced
44 UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA	£138,000	10/06/2022	Terraced
WAVERLEY COURT THE OLD MAIL OFFICE QUEEN STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EH	£83,000	29/04/2022	Terraced
12B UNION STREET, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3AA	£127,500	11/04/2022	Terraced

Area average: £119,225 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 47.8%

10y growth 66.1%

House Price Index (HM Land Registry — official index, not sold-price averages): West Lindsey. Series: Terraced. As of March 2026.

1y (index) 1.7%

5y (index) 13.1%

10y (index) 45.8%

Rental Range

Estimated market rent for West Lindsey. Low = conservative, Realistic = average, Optimistic = best case.

Low £642/mo

Realistic £713/mo

Optimistic £784/mo

Based on Local Authority from postcode lookup → West Lindsey.

LHA (30th percentile) floor for Lincoln: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LN8 3EW

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Dexel Tyre & Auto Centre	0.0 miles
Shop	Peter Rhodes (Euronics)	0.1 miles
Bus stop	Rail Station Approach Road	0.2 miles
Train station	Market Rasen	0.3 miles
University	University of Lincoln - Riseholme Campus	11.5 miles

Street-level crime

Category	Count
Anti-social behaviour	19
Shoplifting	14
Violence and sexual offences	12
Criminal damage and arson	6
Other theft	4
Other crime	3
Burglary	2
Public order	2
Robbery	2
Total incidents	64

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The Market Rasen Church of England Primary School	Primary	0.3 miles	Good — 3 Dec 2013
De Aston School	Secondary	0.4 miles	Good — 28 Feb 2013
The Middle Rasen Primary School	Primary	1.3 miles	Good — 15 Nov 2014
Legsby Primary School	Primary	2.8 miles	Good — 26 Sep 2023
Osgodby Primary School	Primary	3.0 miles	Good — 12 Jun 2019

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom estimate from EPC for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.89%

Max investor price (0.8%) £89,125

Target investor price (1%) £71,300

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).