5, MOUNT PLEASANT, BINBROOK, MARKET RASEN, LN8 6BQ - £98,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MOUNT PLEASANT is a midsized extended flat of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £112,254. It was last sold for £98,500 in February 2008, which was around 22% above the average February 2008 flat price in the East Lindsey local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

5 MOUNT PLEASANT Sold Prices

Land registry data shows three sales for 5 MOUNT PLEASANT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the East Lindsey local authority area for the corresponding sale date. One of the three 5 MOUNT PLEASANT sales was for above the average price, whilst two 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
2008 15 FEB	£98,500	£80,980	22% above HPI
2006 10 FEB	£67,500	£76,371	12% below HPI
2001 17 AUG	£18,980	£33,037	43% below HPI

What might 5 MOUNT PLEASANT be worth now?

5 MOUNT PLEASANT might now be worth an estimated £112,254.

This is based on house price inflation of 14%, between February 2008 and May 2026, for flats, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 5 MOUNT PLEASANT of £98,500 on 15th February 2008. For the value to have increased from £98,500 to £112,254 over the seventeen years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 MOUNT PLEASANT has moved in line with the HPI for flats in the East Lindsey local authority area.
• The February 2008 sale price of £98,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MOUNT PLEASANT has not materially changed since February 2008.

How Large is 5 MOUNT PLEASANT?

5 MOUNT PLEASANT is 82m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 50% of flats in Binbrook, based on EPC data. 50% of flats are smaller than 5 MOUNT PLEASANT, and 50% of flats are larger. Note that EPC data is not available for all properties in Binbrook.

5 MOUNT PLEASANT: Plot

5 MOUNT PLEASANT sits on a plot of roughly 0.047 of an acre, or 189m².

Where is 5 MOUNT PLEASANT?

5 MOUNT PLEASANT is located in BINBROOK, in the LN8 postcode district.