6, MEADOW DRIVE, BINBROOK, MARKET RASEN, LN8 6DA - £187,500

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.

6 MEADOW DRIVE is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £216,717. It was last sold for £187,500 in May 2021, which was around 21% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

6 MEADOW DRIVE Sold Prices

Land registry data shows one sale for 6 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 4 MAY	£187,500	£238,707	21% below HPI

What might 6 MEADOW DRIVE be worth now?

6 MEADOW DRIVE might now be worth an estimated £216,717.

This is based on house price inflation of 15.6%, between May 2021 and April 2026, for detached houses, 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 15.6% inflationary increase is applied to the most recent sale price for 6 MEADOW DRIVE of £187,500 on 4th May 2021. For the value to have increased from £187,500 to £216,717 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 6 MEADOW DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MEADOW DRIVE has not materially changed since May 2021.

How Large is 6 MEADOW DRIVE?

6 MEADOW DRIVE is 51m² according to the EPC inspection conducted in August 2020. 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 6 MEADOW DRIVE lies on this distribution: 1% of detached houses are smaller than 6 MEADOW DRIVE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Binbrook.

6 MEADOW DRIVE: Plot

6 MEADOW DRIVE sits on a plot of roughly 0.138 of an acre, or 557m².

Where is 6 MEADOW DRIVE?

6 MEADOW DRIVE is located in BINBROOK, in the LN8 postcode district.