21, MEADOW DRIVE, BINBROOK, MARKET RASEN, LN8 6DA - £105,000

21 MEADOW DRIVE is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £105,000 in May 2011, which was around 37% below the average May 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

21 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 21 MEADOW DRIVE 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 21 MEADOW DRIVE 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
2011 23 MAY	£105,000	£165,374	37% below HPI
1997 26 SEP	£54,995	£62,540	12% below HPI

21 MEADOW DRIVE 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 21 MEADOW DRIVE sales from September 1997 and May 2011 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 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2011 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 21 MEADOW DRIVE?

21 MEADOW DRIVE is 64m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 21 MEADOW DRIVE lies on this distribution: 3% of detached houses are smaller than 21 MEADOW DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

21 MEADOW DRIVE: Plot and Title Map

21 MEADOW DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 21 MEADOW DRIVE, 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 21 MEADOW DRIVE). 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 21 MEADOW DRIVE?

21 MEADOW DRIVE is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 21 on MEADOW DRIVE.