IVY HOUSE, BACK LANE, BINBROOK, MARKET RASEN, LN8 6ED - £265,000

IVY HOUSE is a large extended detached house of 139m², built sometime before 1900. It was last sold for £265,000 in April 2021, which was around 12% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

IVY HOUSE Sold Prices

Land registry data shows two sales for IVY HOUSE 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 IVY HOUSE sales were 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
2021 7 APR	£265,000	£236,548	12% above HPI
2015 18 FEB	£242,000	£172,748	40% above HPI

IVY HOUSE 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 IVY HOUSE sales from February 2015 and April 2021 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 February 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is IVY HOUSE?

IVY HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Binbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Binbrook, and where IVY HOUSE lies on this distribution: 74% of detached houses are smaller than IVY HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Binbrook.

IVY HOUSE: Plot and Title Map

IVY HOUSE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of IVY HOUSE, 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 IVY HOUSE). 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 IVY HOUSE?

IVY HOUSE is located on BACK LANE in BINBROOK, in the LN8 postcode district. The below map shows the position of IVY HOUSE on BACK LANE.