12, BAIN RISE, LUDFORD, MARKET RASEN, LN8 6LF - £122,500

12 BAIN RISE is a very small detached house of 57m², built sometime between 1996 and 2002. It was last sold for £122,500 in May 2013, which was around 28% below the average May 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

12 BAIN RISE Sold Prices

Land registry data shows two sales for 12 BAIN RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 12 BAIN RISE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 24 MAY	£122,500	£170,620	28% below HPI
1999 5 MAR	£51,500	£65,202	21% below HPI

12 BAIN RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 12 BAIN RISE sales from March 1999 and May 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 BAIN RISE?

12 BAIN RISE is 57m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Ludford, based on EPC data. The below chart shows the distribution of detached houses by size in Ludford, and where 12 BAIN RISE lies on this distribution: 7% of detached houses are smaller than 12 BAIN RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ludford.

12 BAIN RISE: Plot and Title Map

12 BAIN RISE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 12 BAIN RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 BAIN RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 BAIN RISE?

12 BAIN RISE is located in LUDFORD, in the LN8 postcode district. The below map shows the position of No. 12 on BAIN RISE.