16, MEADOW DRIVE, BINBROOK, MARKET RASEN, LN8 6DA - £174,500

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.

16 MEADOW DRIVE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £233,963. It was last sold for £174,500 in June 2017, which was around 15% below the average June 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

16 MEADOW DRIVE Sold Prices

Land registry data shows one sale for 16 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
2017 26 JUN	£174,500	£205,385	15% below HPI

What might 16 MEADOW DRIVE be worth now?

16 MEADOW DRIVE might now be worth an estimated £233,963.

This is based on house price inflation of 34.1%, between June 2017 and May 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 34.1% inflationary increase is applied to the most recent sale price for 16 MEADOW DRIVE of £174,500 on 26th June 2017. For the value to have increased from £174,500 to £233,963 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 16 MEADOW DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2017 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MEADOW DRIVE has not materially changed since June 2017.

How Large is 16 MEADOW DRIVE?

16 MEADOW DRIVE is 91m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 16 MEADOW DRIVE lies on this distribution: 40% of detached houses are smaller than 16 MEADOW DRIVE, and 59% of detached houses are larger. Note that EPC data is not available for all properties in Binbrook.

16 MEADOW DRIVE: Plot

16 MEADOW DRIVE sits on a plot of roughly 0.165 of an acre, or 669m².

Where is 16 MEADOW DRIVE?

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