# 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)