1, CHESTNUT WAY, BINBROOK, MARKET RASEN, LN8 6DD - £179,000

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.

1 CHESTNUT WAY is a semi-detached house, which could now be worth an estimated £199,353. It was last sold for £179,000 in September 2021, which was around 8% above the average September 2021 semi-detached price in the East Lindsey local authority area.

1 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 1 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 1 CHESTNUT WAY 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 22 SEP	£179,000	£165,819	8% above HPI
2005 26 SEP	£126,000	£117,756	7% above HPI

What might 1 CHESTNUT WAY be worth now?

1 CHESTNUT WAY might now be worth an estimated £199,353.

This is based on house price inflation of 11.4%, between September 2021 and May 2026, for semi-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 11.4% inflationary increase is applied to the most recent sale price for 1 CHESTNUT WAY of £179,000 on 22nd September 2021. For the value to have increased from £179,000 to £199,353 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 1 CHESTNUT WAY has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The September 2021 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHESTNUT WAY has not materially changed since September 2021.

Where is 1 CHESTNUT WAY?

1 CHESTNUT WAY is located in BINBROOK, in the LN8 postcode district.