2, SOUTHFIELDS, BINBROOK, MARKET RASEN, LN8 6DX - £215,000

2 SOUTHFIELDS is a midsized detached house of 93m², built sometime between 1976 and 1982. It was last sold for £215,000 in October 2021, which was around 16% below the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 SOUTHFIELDS Sold Prices

Land registry data shows four sales for 2 SOUTHFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 2 SOUTHFIELDS 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
2021 22 OCT	£215,000	£256,560	16% below HPI
2014 12 SEP	£133,000	£177,757	25% below HPI
2001 17 SEP	£76,000	£85,238	11% below HPI
1997 26 JUN	£49,950	£60,100	17% below HPI

2 SOUTHFIELDS 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 four 2 SOUTHFIELDS sales between June 1997 and October 2021 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 September 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 SOUTHFIELDS?

2 SOUTHFIELDS is 93m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 2 SOUTHFIELDS lies on this distribution: 43% of detached houses are smaller than 2 SOUTHFIELDS, and 57% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

2 SOUTHFIELDS: Plot and Title Map

2 SOUTHFIELDS sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 SOUTHFIELDS, 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 2 SOUTHFIELDS). 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 2 SOUTHFIELDS?

2 SOUTHFIELDS is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 2 on SOUTHFIELDS.