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2 bed house for sale Derby Close, Market Rasen, LN8

Asking price

£260,000

Reduced on 06/10/2026

Type: Bungalow
Bedrooms: 2
Bathrooms: 2
Size: £255 per sq ft
Tenure: Freehold

Council tax Band C £2,093 a year

Key features

Modern Detached Bungalow
Popular Residential Location
Spacious Accommodation
Entrance Hall, Lounge, Kitchen Diner
Integrated Appliances
2 Bedrooms, Ensuite & Bathroom
Fitted Wardrobes to Master
Gardens, Garage & Driveway
Air Source Heat Pump

About this property

2 BEDROOM DETACHED BUNGALOW in popular residential location. Spacious accommodation comprising entrance hall, lounge, kitchen diner, 2 double bedrooms, ensuite and bathroom. Generous rear garden, garage & driveway - NO ONWARD CHAIN

2 BEDROOM DETACHED BUNGALOW in popular residential location. Spacious accommodation comprising entrance hall, lounge, kitchen diner, 2 double bedrooms, ensuite and bathroom. Generous rear garden, garage & driveway - NO ONWARD CHAIN

Floorplan

Council tax

Band C £2,093 a year

Per year

Band A

£1,570
Band B

£1,831
Band C

This home: £2,093
Band D

£2,354
Band E

£2,877
Band F

£3,401
Band G

£3,924
Band H

£4,709

This home is in band C, which costs £2,093 a year in West Lindsey for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£255 / sq ft

Area average (sold)

£226 / sq ft

Price per area, sold homes nearby

£141 / sq ft

£255 / sq ft

£293 / sq ft

Lowest

This home

Highest

£255 per sq ft, above the middle of recent sales in LN8 (£141–£293, 10th–90th percentile, 443 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 443 homes sold in LN8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LN8 →

Location

Derby Close, Market Rasen, LN8

Open map Street View

Mortgage and stamp duty

Property price £260,000

£130k £390k

Deposit10% £26,000

£0 £260k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £234,000 mortgage. Most lenders would want a household income of about £52,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
8, Derby Close Detached · new build	Detached · new build	Apr 2025	786 sq ft £337/sq ft	786 sq ft	£337	£265,000
35, Derby Close Detached · new build	Detached · new build	Mar 2025	1,464 sq ft £249/sq ft	1,464 sq ft	£249	£365,000
11, Derby Close Detached · new build	Detached · new build	Jul 2024	883 sq ft £306/sq ft	883 sq ft	£306	£270,000
1, Derby Close Detached · new build	Detached · new build	Jun 2024	883 sq ft £317/sq ft	883 sq ft	£317	£280,000
29, Derby Close Detached · new build	Detached · new build	May 2024	969 sq ft £248/sq ft	969 sq ft	£248	£240,000
31, Derby Close Detached · new build	Detached · new build	May 2024	969 sq ft £248/sq ft	969 sq ft	£248	£240,000
33, Derby Close Detached · new build	Detached · new build	Mar 2024	1,076 sq ft £269/sq ft	1,076 sq ft	£269	£290,000
9, Derby Close Detached · new build	Detached · new build	Nov 2023	786 sq ft £318/sq ft	786 sq ft	£318	£250,000