23, BAIN RISE, LUDFORD, MARKET RASEN, LN8 6LF - £172,000

23 BAIN RISE is a very small detached house of 56m², built sometime between 2003 and 2006. It was last sold for £172,000 in October 2020, which was around 23% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was A.

23 BAIN RISE Sold Prices

Land registry data shows three sales for 23 BAIN RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 23 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
2020 24 OCT	£172,000	£223,136	23% below HPI
2010 6 JUL	£130,000	£168,200	23% below HPI
2001 7 DEC	£74,750	£92,325	19% below HPI

23 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 three 23 BAIN RISE sales between December 2001 and October 2020 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 July 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2020 sale, which was also at 23% below the HPI.

How Large is 23 BAIN RISE?

23 BAIN RISE is 56m² according to the EPC inspection conducted in May 2013. 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 23 BAIN RISE lies on this distribution: 3% of detached houses are smaller than 23 BAIN RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ludford.

23 BAIN RISE: Plot and Title Map

23 BAIN RISE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 23 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 23 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 23 BAIN RISE?

23 BAIN RISE is located in LUDFORD, in the LN8 postcode district. The below map shows the position of No. 23 on BAIN RISE.