4, SORREL CLOSE, BINBROOK, MARKET RASEN, LN8 6DB - £277,000

4 SORREL CLOSE is a large detached house of 122m², built sometime between 1991 and 1995. It was last sold for £277,000 in February 2023, which was around 2% below the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

4 SORREL CLOSE Sold Prices

Land registry data shows two sales for 4 SORREL CLOSE 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. One of the two 4 SORREL CLOSE sales was for below the average price, whilst the other was for above 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
2023 27 FEB	£277,000	£282,205	2% below HPI
2001 23 MAY	£98,000	£80,622	22% above HPI

4 SORREL CLOSE 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 4 SORREL CLOSE sales from May 2001 and February 2023 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 May 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 SORREL CLOSE?

4 SORREL CLOSE is 122m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where 4 SORREL CLOSE lies on this distribution: 69% of detached houses are smaller than 4 SORREL CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

4 SORREL CLOSE: Plot and Title Map

4 SORREL CLOSE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 4 SORREL CLOSE, 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 4 SORREL CLOSE). 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 4 SORREL CLOSE?

4 SORREL CLOSE is located in BINBROOK, in the LN8 postcode district. The below map shows the position of No. 4 on SORREL CLOSE.