For sale Detached

25 THE RIDINGS

MARKET RASEN, LINCOLNSHIRE LN8 3EE

2 beds 1 baths 689 sq ft Listed 22 Oct 2026 (-13d)

£215,000

Reduced on 30 Jun 2025

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# 2 bedroom detached bungalow for sale (LN8 3EE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 25 THE RIDINGS, MARKET RASEN, LINCOLNSHIRE LN8 3EE |
| Price | £215,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 64 m² |
| Last sold | £53,750 Sep 1999 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 31/07/2034
- **Current heating cost:** £1,085/year
- **Est. upgrade cost to C:** £13,748

### Recommendations
- A (£100 - £350)
- W1 (£800 - £1,200)
- C (£15 - £30)
- G (£350 - £450)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9000-5596-0822-6402-3843)

## Description

DETACHED BUNGALOW IN POPULAR LOCATION. We are delighted to offer for sale this detached bungalow situated on The Ridings. Comprising Porch, Entrance Hall, Lounge, Kitchen Diner, 2 Bedrooms & Bathroom. Gardens front & rear, Garage & Driveway. NO ONWARD CHAIN

EPC Rating: D

## Property Photos

- ![Photo](/listings/photos/94621422/2658266)
- ![Photo](/listings/photos/94621422/2658267)
- ![Lounge](/listings/photos/94621422/2658268) - Lounge
- ![Lounge](/listings/photos/94621422/2658269) - Lounge
- ![Kitchen Diner](/listings/photos/94621422/2658270) - Kitchen Diner
- ![Kitchen Diner](/listings/photos/94621422/2658271) - Kitchen Diner
- ![Bedroom 1](/listings/photos/94621422/2658272) - Bedroom 1
- ![Bedroom 1](/listings/photos/94621422/2658273) - Bedroom 1
- ![Bedroom 2](/listings/photos/94621422/2658274) - Bedroom 2
- ![Bathroom](/listings/photos/94621422/2658275) - Bathroom
- ![Photo](/listings/photos/94621422/2658276)
- ![Photo](/listings/photos/94621422/2658277)

## Floorplans

- ![All](/listings/photos/94621422/2658278) - All

## EPC Graphs

- ![EPC 1](/listings/photos/94621422/2658279) - EPC 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #11771580
- **Address:** 25 The Ridings, MARKET RASEN, LN8 3EE
- **Certificate Issued:** 02/08/2016
- **Work Completed:** 11/06/2016
- **Items:** 2 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 25 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE | £53,750 | 17/09/1999 | Detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| COTTESMORE LEGSBY ROAD, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3DY | £317,500 | 10/02/2025 | Detached |
| 12 WELLS DRIVE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EF | £205,000 | 12/12/2024 | Detached |
| 1 BEECHERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FJ | £250,000 | 10/10/2023 | Detached |
| 16 WELLS DRIVE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EF | £183,000 | 03/03/2023 | Detached |
| [Same street] 22 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE | £215,000 | 04/11/2022 | Detached |
| 9 HORSESHOE WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FN | £277,500 | 18/10/2022 | Detached |
| [Same street] 46 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE | £238,000 | 03/10/2022 | Other |
| 7 BEECHERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FJ | £310,000 | 16/09/2022 | Detached |
| 33 BEECHERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FJ | £260,000 | 29/07/2022 | Detached |
| 7A HORSESHOE WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FN | £250,000 | 13/07/2022 | Detached |
| LYNDALE LEGSBY ROAD, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3DY | £385,000 | 16/06/2022 | Detached |
| [Same street] 39 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE | £279,950 | 27/05/2022 | Detached |
| 29 THIRSK CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EB | £225,000 | 03/05/2022 | Detached |
| [Same street] 38 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE | £230,000 | 04/03/2022 | Detached |
| 4 SADDLERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FP | £265,000 | 03/02/2022 | Detached |
| [Same street] 45 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE | £273,000 | 15/12/2021 | Detached |
| 31 THIRSK CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EB | £245,000 | 06/12/2021 | Detached |
| TEMPLECOMBE, 9 WELLS DRIVE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EF | £285,000 | 29/11/2021 | Detached |
| 28 THIRSK CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EB | £260,000 | 29/11/2021 | Detached |

**Street average:** £247,190 (5 sales)
**Area average:** £265,571 (14 sales)

## Price vs local average

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

- **Local average:** £322,154 (47 Detached, LN8, 2024–2026)
- **Deviation:** -33.3%

## Rental Range

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

- **Low:** £670/mo
- **Realistic:** £744/mo
- **Optimistic:** £818/mo

## LHA (Local Housing Allowance)

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

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

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| [Thoresway, Market Rasen LN8 3UY](http://87.117.209.195:8080/listings/6159b16) | £995/mo | 2 | 6.16 miles | Rightmove |
| [Javelin Avenue, Brookenby, LN8](http://87.117.209.195:8080/listings/0a6b129) | £625/mo | 2 | 7.05 miles | Rightmove |

**Average rent: £810/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £101,250
- **Target investor price (1%):** £81,000

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £810/mo).*

- **Gross yield:** 4.5%
- **Cost-to-rent:** 22.1×
- **Monthly cashflow:** £-143/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £3,359/m²

## Capital growth trend

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

- **5y growth:** 6.7%
- **10y growth:** 9.4%

## House Price Index (HM Land Registry)

*Official index for West Lindsey; Detached series; as of August 2026.*

- **1y growth (index):** 0.7%
- **5y growth (index):** 11.5%
- **10y growth (index):** 40.8%

## 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)

Photo 1 Photo 2 Lounge Lounge Kitchen Diner Kitchen Diner Bedroom 1 Bedroom 1 Bedroom 2 Bathroom Photo 11 Photo 12

/ 12

Property details

Tenure

FREEHOLD

Floor area

64 m²

Council tax band

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£53,750 Sep 1999

Price per m²

£3,359/m²

Local average

£322,154 (-33.3%)

Deprivation

Decile 6 (19,256 of 33,755)

Street crime

51 incidents within 1 mile (Aug 2026)

Key features

Detached Bungalow
Popular Residential Location
Porch, Entrance Hall
Lounge, Kitchen Diner
2 Bedrooms & Bathroom
Gardens Front & Rear
Garage & Driveway
No Onward Chain
Walking distance to ameneties - shops & railway station

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Parking: Yes
Garden: Private garden
Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

Listed by

Market Rasen

The Property Franchise Group

Reference: 94621422

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 01/08/2024

Expiry date: 31/07/2034

Current heating cost: £1,085/year

Potential heating cost: £650/year

Est. upgrade cost to C: £13,748

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

Recommendations

Increase loft insulation to 270 mm (£100 - £350)
Floor insulation (suspended floor) (£800 - £1,200)
Add additional 80 mm jacket to hot water cylinder (£15 - £30)
Upgrade heating controls (£350 - £450)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~454 m² (0.11 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

All

EPC Graphs

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #11771580

Property Details

Street: 25 The Ridings

Town: MARKET RASEN

Postcode: LN8 3EE

Installation Details

Items: 2 windows

Certificate Issued: 02/08/2016

Work Completed: 11/06/2016

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Listed for sale	—	£215,000	+300%
Sold	17/09/1999 (27 years ago)	£53,750	—

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
COTTESMORE LEGSBY ROAD, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3DY	£317,500	10/02/2025	Detached
12 WELLS DRIVE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EF	£205,000	12/12/2024	Detached
1 BEECHERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FJ	£250,000	10/10/2023	Detached
16 WELLS DRIVE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EF	£183,000	03/03/2023	Detached
Same street 22 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE	£215,000	04/11/2022	Detached
9 HORSESHOE WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FN	£277,500	18/10/2022	Detached
Same street 46 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE	£238,000	03/10/2022	Other
7 BEECHERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FJ	£310,000	16/09/2022	Detached
33 BEECHERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FJ	£260,000	29/07/2022	Detached
7A HORSESHOE WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FN	£250,000	13/07/2022	Detached
LYNDALE LEGSBY ROAD, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3DY	£385,000	16/06/2022	Detached
Same street 39 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE	£279,950	27/05/2022	Detached
29 THIRSK CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EB	£225,000	03/05/2022	Detached
Same street 38 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE	£230,000	04/03/2022	Detached
4 SADDLERS WAY, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3FP	£265,000	03/02/2022	Detached
Same street 45 THE RIDINGS, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EE	£273,000	15/12/2021	Detached
31 THIRSK CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EB	£245,000	06/12/2021	Detached
TEMPLECOMBE, 9 WELLS DRIVE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EF	£285,000	29/11/2021	Detached
28 THIRSK CLOSE, MARKET RASEN, WEST LINDSEY, LINCOLNSHIRE, LN8 3EB	£260,000	29/11/2021	Detached

Street average: £247,190 (5 sales)

Area average: £265,571 (14 sales)

Capital growth trend

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

5y growth 6.7%

10y growth 9.4%

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

1y (index) 0.7%

5y (index) 11.5%

10y (index) 40.8%

Rental Range

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

Low £670/mo

Realistic £744/mo

Optimistic £818/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 3EE

Nearby

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

Type	Name	Distance
Bus stop	The Ridings	0.1 miles
Train station	Market Rasen	0.4 miles
Shop	Peter Rhodes (Euronics)	0.5 miles
Shop	Dexel Tyre & Auto Centre	0.5 miles
University	University of Lincoln - Riseholme Campus	11.3 miles

Street-level crime

Category	Count
Violence and sexual offences	20
Anti-social behaviour	9
Public order	7
Drugs	5
Other crime	4
Criminal damage and arson	2
Other theft	2
Theft from the person	1
Vehicle crime	1
Total incidents	51

Within 1 mile during Aug 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
De Aston School	Secondary	0.2 miles	Good — 28 Feb 2013
The Market Rasen Church of England Primary School	Primary	0.6 miles	Good — 3 Dec 2013
The Middle Rasen Primary School	Primary	1.7 miles	Good — 15 Nov 2014
Legsby Primary School	Primary	2.3 miles	Good — 26 Sep 2023
Tealby School	Primary	3.1 miles	Good — 23 Jun 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
Thoresway, Market Rasen LN8 3UY	£995/mo	2	6.16 miles	Rightmove
Javelin Avenue, Brookenby, LN8	£625/mo	2	7.05 miles	Rightmove

Average rent: £810/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%

Max investor price (0.8%) £101,250

Target investor price (1%) £81,000

Gross yield 4.5%

Cost-to-rent ratio 22.1×

Monthly cashflow £-143/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.7%

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).