17, MEADOW DRIVE, BINBROOK, MARKET RASEN, LN8 6DA - £123,000

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.

17 MEADOW DRIVE is a very small detached house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £194,806. It was last sold for £123,000 in May 2005, which was around 29% below the average May 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

17 MEADOW DRIVE Sold Prices

Land registry data shows one sale for 17 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
2005 18 MAY	£123,000	£173,870	29% below HPI

What might 17 MEADOW DRIVE be worth now?

17 MEADOW DRIVE might now be worth an estimated £194,806.

This is based on house price inflation of 58.4%, between May 2005 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 58.4% inflationary increase is applied to the most recent sale price for 17 MEADOW DRIVE of £123,000 on 18th May 2005. For the value to have increased from £123,000 to £194,806 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 17 MEADOW DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2005 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MEADOW DRIVE has not materially changed since May 2005.

How Large is 17 MEADOW DRIVE?

17 MEADOW DRIVE is 64m² according to the EPC inspection conducted in March 2022. 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 17 MEADOW DRIVE lies on this distribution: 2% of detached houses are smaller than 17 MEADOW DRIVE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Binbrook.

17 MEADOW DRIVE: Plot

17 MEADOW DRIVE sits on a plot of roughly 0.085 of an acre, or 343m².

Where is 17 MEADOW DRIVE?

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