4 LANCASTER ROAD
MARKET RASEN, BROOKENBY, LINCOLNSHIRE LN8 6HD
£350,000
Property details
Floor area
370 m²
Last sold
£330,000 Jul 2020
Local average
£314,054 (+11.4%)
Deprivation
Decile 3 (7,593 of 33,755)
Street crime
7 incidents within 1 mile (Apr 2026)
Additional details
- Parking
- Yes
- Garden
- Yes
Description
The main entrance hall provides access to the four spacious formal reception rooms. The lounge has a stone feature fireplace with open fire grate and a triple panel recessed bay window that gives views onto the rear garden. A dining room and sitting room also are arranged to the rear aspect of the property. Adjacent to the front entrance is a study ideal for the modern family and could provide a snug or playroom if required. A spacious breakfast kitchen with a practical utility room and three pantry/storage rooms are located to the less formal part of the house. A Gardeners store room sits alongside a boiler room the property has ample storage rooms to the utility areas of the ground floor and a cloakroom. To the first floor are five good sized double bedrooms which are served by two family bathrooms and two separate cloakrooms. A second staircase leads to a landing area with vaulted ceiling which access three further bedrooms each of which has a wall mounted hand wash basin and a further spacious storage room. This top floor accommodation is thought to have been used as the servant’s quarters when the property was main RAF residence. In addition to the main property there is a small selection of attached outbuildings which comprises of a garage, two storage areas, rear lobby area and a boiler room. The house itself sits back from Lancaster Road and to the rear of the property is a predominately grassed garden.
Listed by
Northern Lincolnshire
DDM Residential
Reference: 59902002
EPC Rating & Upgrade Cost
Fetching EPC data… Refresh this page in a moment.
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 27/07/2020 (5 years ago) | £330,000 | — |
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 |
|---|---|---|---|
| 6 CHICHESTER ROAD, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6EY | £285,000 | 23/10/2023 | Detached |
| Same street 6 LANCASTER ROAD, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6HD | £360,000 | 29/09/2023 | Detached |
| Same street 8 LANCASTER ROAD, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6HD | £360,000 | 13/07/2023 | Detached |
| 3 SALISBURY AVENUE, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6EZ | £270,000 | 19/08/2022 | Detached |
| Same street 11 LANCASTER ROAD, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6HD | £285,000 | 20/05/2022 | Detached |
| 3 DURHAM CLOSE, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6JD | £328,000 | 02/02/2022 | Detached |
| 7 CAMBRIDGE CRESCENT, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6HB | £287,500 | 13/10/2021 | Detached |
| 5 CAMBRIDGE CRESCENT, BROOKENBY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 6HB | £275,000 | 16/06/2021 | Detached |
Street average: £335,000 (3 sales)
Area average: £289,100 (5 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): West Lindsey. Series: Detached. As of March 2026.
Rental Range
Estimated market rent for West Lindsey. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → West Lindsey.
LHA (30th percentile) floor for Lincoln: Apr 2025 – Mar 2026
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Roland House | 0.0 miles |
| Shop | Classic Furniture | 0.5 miles |
| Shop | Manor View Stores | 1.1 miles |
| Train station | North Thoresby | 6.2 miles |
| Train station | Ludborough | 6.4 miles |
| University | University Centre Grimsby | 8.5 miles |
| University | University Centre (University of Hull) | 8.6 miles |
| Hospital | Harrison House | 8.7 miles |
| Hospital | St Hughs | 8.8 miles |
Street-level crime
| Category | Count |
|---|---|
| Public order | 4 |
| Violence and sexual offences | 2 |
| Anti-social behaviour | 1 |
| Total incidents | 7 |
Within 1 mile during Apr 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 |
|---|---|---|---|
| Binbrook CofE Primary School | Primary | 1.0 miles | Good — 29 Apr 2024 |
| East Ravendale CofE Primary School Academy | Primary | 3.2 miles | Good — 19 Nov 2023 |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 2 Bed Terraced House, Hunter Road, LN8 | £625/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Terraced House, Drigh Road, LN8 | £650/mo | 2 | 0.46 miles | OpenRent |
| 2 Bed Terraced House, Drigh Road, LN8 | £650/mo | 2 | 0.46 miles | OpenRent |
Average rent: £642/mo (3 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).